The answer to this question depends on the life insurance company you are speaking with. However, the general consensus is that most companies will not insure someone over the age of 85.
There are a few exceptions to this rule, however. Some companies will insure seniors up to the age of 90 or 95, while others will offer coverage to those over the age of 85 who are in good health.
If you are looking for final expense insurance for seniors, it is important to shop around and compare rates. The cost of life insurance for elderly parents can vary significantly from one company to the next.
By shopping around, you can ensure that you get the best possible rate on life insurance for your parents. And, by having life insurance in place, you can rest assured knowing that their final expenses will be taken care of. If you’re looking for final expense insurance for seniors, it’s important to shop around and compare rates. The cost of life insurance for elderly parents can vary significantly from one company to the next.
When it comes to life insurance for seniors, it is important to remember that the sooner you buy coverage, the cheaper it will be. So, if you are thinking about purchasing life insurance for your parents, don’t wait – get started today!
Is it Still Worth It?
Even if you are over the age of 85, it is still worth it to purchase life insurance. Why?
Because life insurance provides peace of mind. Having life insurance in place gives you and your loved ones the assurance that you will be taken care of financially if something happens to you.
And, as we get older, our health tends to deteriorate. This means that the chances of us needing expensive medical care increase. If something happens to us and we do not have life insurance in place, our loved ones will have to bear the burden of these costs themselves.
So, even if you are over the age of 85, it is still a good idea to purchase life insurance. It will provide peace of mind for you and your loved ones, and it could end up saving you money in the long run.