Life Insurance for 60-69 Year Olds

by Chris on June 4, 2010

At Huntley Wealth Insurance, we specialize in understanding and meeting the life insurance needs of individuals ages 60-69.  Whether you are coming to us as a healthy, non-smoker, or if you have medical conditions such as diabetes, previous bouts with cancer or heart troubles, overweight, or are a smoker, we are experts at helping you find the most affordable premiums from the highest rated insurance companies.

Monthly Premiums for Healthy Male, Ages 60-69 Years Old

Age                      $100,000   $200,000  $300,000   $400,000
60 Year Old Male   $28.62    $52.03    $72.30       $94.66
61 Year Old Male   $31.15    $55.57    $79.61       $104.40
62 Year Old Male   $35.32    $58.82    $84.92       $110.99
63 Year Old Male   $39.67    $67.04    $97.05       $127.07
64 Year Old Male   $43.24    $77.27    $112.24     $147.22
65 Year Old Male   $49.02    $87.14    $126.90     $166.65
66 Year Old Male   $54.03    $99.29    $145.11     $190.94
67 Year Old Male   $59.25    $111.13  $158.17     $208.71
68 Year Old Male   $63.34    $120.15  $170.69     $225.42
69 Year Old Male   $67.60    $128.67  $183.48     $242.47

(10 Year Level Term Life Insurance Quotes - Premiums based on healthy, male, non-smoker.  Rates valid as of 6/4/10, subject to change)

Reasons Life Insurance is Needed in Sixties

  1. Income replacement - You’re still working and want to leave your spouse, partner, or children a death benefit.  Term Life Insurance is probably your best choice for income replacement.
  2. Estate Planning - You may need to add liquidity to an estate filled with real estate or business holdings, or after 2010, you may need the insurance to pay for estate taxes.
  3. An Inheritance - You don’t care how old you are when you pass.  You want to leave something to your family.
  4. Business Insurance - For Key Man Insurance or Buy-Sell Agreement
  5. Used in conjunction with a Trust - Common uses are to fund an AB or Bypass trust, or Irrevocable Life Insurance Trust.

INSTANT QUOTES FOR 10, 15, 20, 25, AND 30 YEAR TERM, RETURN OF PREMIUM AND UNIVERSAL LIFE AVAILABLE TO THE RIGHT.

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