Life Insurance for Senior Citizens

If you’re over age 65 and need life insurance or final expense life insurance, there are insurance companies that make better offers for seniors.

There are a number of insurance co’s that offer guaranteed Universal Life coverage that can be less expensive for Seniors than term insurance.

There are also several highly rated companies that have 2 different sets of underwriting guidelines now, one set for individuals under age 65- 70 and one set for individuals over age 65- 70.

It’s about time that life insurance companies started to consider natural changes in health for senior citizens.

Things like cholesterol levels, blood pressure, family history issues and height and weight should be more liberal for senior citizens than they are for younger adults.

One of the competitive insurance companies allows up to a 300 total cholesterol level for senior citizens in otherwise good health to still qualify for their lowest “Super Preferred” or “Preferred Plus” rate. A cholesterol level this high and that still qualifies for lowest rate class was unheard of in recent past.

Another competitive insurance company will allow blood pressure readings as high as 150/90 for senior citizens to qualify for their lowest rate.

Some insurance companies do not even take into consideration family history issues of heart disease or cancer when underwriting for seniors.

These underwriting changes that benefit senior citizens by some insurance companies will spread to other companies in time, since life insurance is such a competitive market.

All senior citizens that have life insurance now should consider taking a look at the best rates available now as they may be able to save significant money and/or get a policy with better benefits.

Fill out the form to the above right to get quotes from the top life insurance companies in the country. If your health is good, click on “Preferred Plus” rates as you may very well be able to qualify.