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Term Life Insurance Quotes for Ages 60 to 69 Years Old

Many people ask us if they can still buy term life insurance in their sixties…

Yes, you can!

At Huntley Wealth Insurance, we specialize in helping individuals ages 60-69 years old purchase affordable term life insurance.

How We Help Save You Money (and Sample Quotes)

You may have found us on the internet because you take medications for high cholesterol or high blood pressure, or have some other medical impairment or smoke cigarettes or cigars, or perhaps you’re a healthy non-smoking male or female searching for a great deal.

However you come to us today, we are the experts at helping you find the lowest premiums from the highest rated life insurance companies.

Term Life Insurance Quotes at 60-69 Years Old

Age                   $100,000    $250,000    $500,000   $1 Million
60 Year Old Man    $28.62    $61.12     $117.02    $216.72
61 Year Old Man    $31.15    $67.21     $129.20    $248.76
62 Year Old Man    $35.32    $71.89     $137.07    $267.43
63 Year Old Man    $39.67    $82.05     $157.08    $307.12
64 Year Old Man    $43.24    $94.76     $182.19    $350.22
65 Year Old Man    $49.02    $107.02   $206.41    $388.49
66 Year Old Man    $54.03    $120.31   $254.07    $430.52
67 Year Old Man    $59.25    $131.69   $257.69    $463.86
68 Year Old Man    $63.34    $143.33   $278.84    $501.48
69 Year Old Man    $67.60    $153.99   $299.72    $553.64

(Life Insurance Premium Quotes based on healthy, male, non-smoker for 10 Year Guaranteed Level Term, as of 7/3/2013, subject to change)

What Length of Term Insurance Should Someone in his Sixties Purchase?

If you are currently working and need the term life insurance to replace lost income in the event of your death, think about how many years you plan to work, and cover yourself for at least that length.  Typically in your sixties, just 10 – 15 years will suffice, and the average cost of purchasing a shorter term policy will be lower than a longer term contract.

10, 15, 20, and 25 year Term Available Through Age 69

When you are younger, every type of life insurance is available to you from 10 year term to 30 year term, and even 40 year term (only a few carriers offer this at younger ages.)

Now that you’re in your sixties, however, you may wonder if all term lengths are available to you.

Unfortunately, once you hit age 60, you can no longer buy 30 or 40 year term.  You can however, buy 10, 15, 20 and 25 year term life insurance up to 65 years old.  Once you hit 66 years old, you can only buy 10, 15, and 20 year.

Key Questions for Determining Type of Insurance Needed:

  • Will you still need this coverage 10 to 20 years from now?
  • Are you still working?  – If so, perhaps you only need term until you retire.
  • What is your budget?  – Term is cheaper than permanent coverage, and you can buy a lot more term coverage for the same premium as permanent coverage.
  • Do you have an estate planning need?  See below.

Life Insurance for Estate Liquidity or Taxes

Your reason for purchasing life insurance may be more long term.  Perhaps you need the coverage for estate planning, such as to fund a bypass or A-B Trust.  Perhaps there is no need for coverage, per se.  You simply want to leave an inheritance.

For longer term goals, I recommend purchasing a term policy which will provide coverage into your eighties or nineties.  This will most likely be a 20 year term or 30 year term policy.  (Note: You can structure a guaranteed universal life insurance policy to provide coverage only until age 90 or 95, and it kicks the pants of the lifetime coverage policies!)

Whole Life Insurance 60-69 Years Old

Still, there are those for whom a 15 or 20 year term policy will not suffice.  If your parents lived into their eighties or nineties, you might consider purchasing a whole life or universal life insurance policy.  These are permanent policies designed to provide coverage to age 100, or in some cases, up to 120.

The main difference between whole life and universal life insurance is the premiums.  Whole life costs about double what universal life costs typically.  However, since whole life policies charge so much more premium, they also typically grow in cash value much better than in universal life insurance.

For whole life insurance quotes, call us at 877-443-9467.

Moving Forward with an Application

To apply for coverage, this is the process.

  1. Get a quote online or by calling us
  2. We’ll help you apply over the phone or send a written application
  3. You will likely need to take a medical exam
  4. Approval takes approximately 4-6 weeks, on average
  5. You pay your first premium and make your policy effective

It’s highly recommended to find the lowest cost term life insurance rates to use an independent agency that can shop your case with your particular medical issues amongst multiple carriers. For more information about us, please visit our About Us page and my .

For universal life insurance quotes, Term Life Insurance Rates, or return of premium quotes, Click Here or use the Instant Quote Form on the right.

*Written by Chris Huntley. Huntley Wealth Insurance and its representatives do not give legal or tax advice. Please consult your own legal or tax adviser.
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Chris Huntley
Chris Huntley is the owner of Huntley Wealth Insurance, a San Diego life insurance agency. You can find him on Google + and Facebook. Over the past 8 years, Chris has consulted with over 2000 individuals about their insurance needs. He is a proud husband and father to three adorable girls.
Chris Huntley
Chris Huntley

Average cost of term life insurance for ages 60 years old, 61 years old, 62 years old, 63 years old, 64 years old, 65 years old, 66 years old, 67 years old, 68 years old, and 69 years old for $100,000, $250,000, $500,000, and $1 Million of life insurance coverage. Whole life insurance and universal life insurance quotes included.


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{ 50 comments… add one }

  • Lifeinsider September 8, 2010, 8:00 am

    Consider the quality of the insurance company offering you the premium quote. Typically, insurance companies with stronger financial ratings that have been in business for many years offer a better investment prospect than newer companies with poorer performance reviews.

  • Gerald Camop December 9, 2011, 1:46 am

    i need a quote for 66 year old man non smoker.who had a minni stoke in 2002.75000 for fifeteen years or 50000 for 15 years

    • Chris December 9, 2011, 11:36 am

      Hello Gerald,
      I’m happy to help get you a quote if you’re in a state where we are licensed. Odds are that are since we’re in 31 states. Please give us a call at 877-443-9467

      • Barry strother January 21, 2013, 7:39 pm

        I need a quote for $500,000 term life insurance policy for 30 years. I am in good health and live in California. I am 63. Barry

        • Chris Huntley January 23, 2013, 3:16 pm

          Hi Barry,
          I’d be happy to help you. Please call me directly at 877-443-9467 to discuss. Thanks.

  • David Clutterbuck March 26, 2012, 1:45 am

    I am a healthy 69 year old male residing in Tasmania Australia. Is it possible to buy life insurance for my age group from a life insurance company in the USA? Thank you.

    • Chris Huntley March 27, 2012, 12:28 pm

      Yes, David, if you come to the states for the exam and application.

  • Paul May 31, 2012, 11:38 pm

    Chris; I’m a 64 yr old 100% disabled Vietnam Vet. I’m in good health and i haven’t smoked in about a year. I have no other insurance but i would like to leave my family something. I live off the VA so i can’t afford real high premiums. Do you think you could help me find something i could live with (or die with). I don’t have a clue as to what’s right for me. What doyou think? Paul

    • Chris Huntley June 7, 2012, 12:20 pm

      Hello,
      Thank you for your comment.

      I would be happy to help, but unfortunately cannot accurately predict the cost of insurance without knowing information about your health history.

      Please call me directly at 877-443-9467. Ask for Chris.

      Thanks again,
      Chris Huntley

  • gina June 18, 2012, 10:40 am

    Hello, I am looking up info to help my father 62. He has had 1 milllion $ policy for the last 10 yrs. My father had 6 stents added last yr. Since then he has checked out in perfect health. His current policy raised him $4,000.00. Is thier any info you can give him on better rates?
    Thanks Gina

    • Chris Huntley June 19, 2012, 11:52 am

      Hello Gina,
      Please email or call me directly. I shouldn’t post these answers in a public forum (you wrote me via the comment section on my site). Also, I can’t give you any info without knowing what state you and your father are in. Please provide this info, so I can send you a quote.

      Thanks, Gina.
      Chris Huntley
      877-443-9467

  • EVELYN D JONES July 14, 2012, 7:01 pm

    I am looking for life insurance for my 61 year old husband who is a diabetic.

    • Chris Huntley July 27, 2012, 11:16 am

      Hello Evelyn,
      I’m happy to help. Please call me directly at 877-443-9467 for a quote, as I cannot quote you without knowing what state you are in.

  • butch beene October 21, 2012, 4:49 pm

    seeking 100K term life for 65 year old healthy non smoker in Ga
    please forward estimate for monthly rate

    • Chris Huntley October 22, 2012, 1:08 pm

      You’re looking at about $54 per month for 10 year term. To lock in the premium for longer than 10 years, the premium increases from there. Call me to discuss your life insurance needs at 877-443-9467.

  • Charles Pennington November 4, 2012, 1:06 pm

    Hi Neal, Unfortunately I waited much too lomg to get insurance. I was a smoker (have COPD) and got lung cancer this year. (I no longer smoke) They removed 1/3 of my lung and I was in stage 2. I did 4 rounds of chemo and they said they think they got it all. But will go back for periodic testing to make sure. I am a borderline diabetic and had had some kidney stones issues. But I still cut my own grass and work 3 days a week at a Convenience store. (I am retired USN of 20 years) My wife is 56 and we have two daughters that we adopted at birth and they are now 13 & 16. I feel bad about putting insurance on the back burner. My wife has been home for years & I worry about what is to come for them if anything should happen to me. Am I eligible for any insurance at all? Please respond~
    Charles Pennington
    PS For all you people procrastinating an getting insurance…DON’T WAIT! DO IT NOW!

    • Chris Huntley November 5, 2012, 7:39 pm

      Charles,
      It would appear the only type of insurance you could qualify for is guaranteed issue. What state do you live in? I can help you with this if you live in CA.

  • Charles Pennington November 4, 2012, 1:07 pm

    sorry I meant CHRIS

  • R Burdette November 5, 2012, 7:50 am

    60yr old male has 300,000 term, but looking for possible whole life policy. No medical issues. NC resident.

    • Chris Huntley November 5, 2012, 7:38 pm

      Thanks, I just sent you an email with a few more questions.

  • Marjie November 11, 2012, 2:46 am

    Looking to purchase additional life insurance in order to pay off my mortgage as well as take care care of my funeral and any debt expenses I may have when I pass. I have one 30 yr policy purchased on or around 2001, but that will only take care of a portion of the above since I had to take out an equity loan on my home. I am also concerned about the possibility of outliving my present life insurance policy and would like advice re same. Lastly, I want to be able to set up a four small trusts for my children and my infant granddaughter through my attorney utilizing insurance and would like to know how to go about this. I want to be able to leave my loved ones with something when I am gone as I realize that the financial climate they are facing will make it difficult for them to attain those necessities that were easier for my generation to attain. I am 61, active, healthy, non-smoker, no meds, preferred plus. Also, other of my family members are looking to purchase life insurance. NY resident(s).

    • Chris Huntley November 14, 2012, 2:04 pm

      Hi Marjie,
      I believe your needs are far too complex to be discussed over the public comment board on my website. Can you call me at 877-443-9467 to discuss this matter privately?

    • Chris Huntley November 20, 2012, 3:32 pm

      Hello Marjie,
      I apologize that I haven’t logged in and responded to my website comments for some time. Please call me directly at 877-443-9467 to discuss your situation. This is too much to answer in an email.

  • Jay November 12, 2012, 7:28 pm

    I need a 5 or 10 yr level term to cover SBA loan
    $1,800,000 face amount
    super preferred rated Florida redidenneed lowest guaranteed premium ONLY

    Thanks

    • Chris Huntley November 14, 2012, 1:14 pm

      Hello Jay,
      I’m happy to help you with this. I will email you now to keep our conversation private.

  • Angel Munoz December 7, 2012, 7:58 am

    I am a 62 years old Florida resident, non-smoker, and remarried 3 years ago. I had prostate cancer (it was removed 2 years ago) and have been given a clean bill of health since. I have a whole life policy bought around 1980 and just bought a home in June. I would like a $75,000 term life for 20 years to cover final expenses and the balance of my mortgage when I pass as I am worried I might outlive my current policy. I want my wife not to worry about mortgage payments and my burial. I am on a fixed income so I cannot afford an expensive premium. Can you help?

    • Chris Huntley December 12, 2012, 2:04 pm

      Hello Angel,
      Yes, I’d be happy to help you. Assuming your pre-treatment PSA was not too high and current PSA is at or near 0, you should be able to get a Standard Offer (assuming you qualify otherwise). For a 75K 20 year term, you’d be looking around $120 per month. Call me with any questions or to apply at 877-443-9467.

  • mike swearingen January 7, 2013, 8:19 pm

    Hi Chris… I am an almost 64 yo male.. No health problems. Not taking any meds… Looking for either a 30 year or universal life policy in the 300K to 500K range. I live in California. Cost comparisons between the 30 year term vs the universal life??
    Thanks….Mike

    • Chris Huntley January 11, 2013, 3:44 pm

      Hello Mike,
      Please email me at chrish@huntleywealth.com with the following questions answered:

      1. Have you used any form of tobacco in the past 5 years? If so, what type?

      2. What is your height and weight?

      3. Do you have any current medical conditions, or history of serious medical impairments or hospitalizations, and if so, what medications and treatments are/were prescribed?

      (Please note this included mental health conditions such as anxiety, depression, etc.)

      4. Have any members of your immediate family been diagnosed with Heart Disease, Cancer or Diabetes prior to age 60?

      5. Do you travel internationally?

      6. Do you have any hazards in your work or play?

      7. Do you have a clean driving record?

  • john golden January 22, 2013, 1:19 am

    Hi,
    My mom and dad took out a reverse mortgage last year .They got life insurance(whole lif) through all state on my mom because they turn down my dad cause he had colon cancer but he has been clean for 12 years now.I was wondering maybe you know of a way to get him life insurance because of the age difference between my mom and dad its more likely she will out live him.

  • Eileen Rosalind February 2, 2013, 3:49 am

    My husband is 69 yo. Turns 70 0n September 10, 2013. He is an American Citizen and also an Australian citizen. We live in Australia. He is very healthy, but does take 15 mg blood pressure tablets and has been diagnosed with sleep apnoea. His father did pass away with a heart attack. He is working currently and earns a good salary, however we have a home debt of A$700,000 and his daughter’s private school fees for the next 6 years. We envisage he will work for 5 more years. However, if something happens to him in the meantime, I do not want to lose the house due to not being able to repay the mortgage. I am also working, but would not be able to cover the mortgage repayments. Can we get a term policy for 10 years and what would the monthly outlay be. Living in Australia, can this be done by email, mail or does he have to come back to America for the paperwork? Thank you very much for your help.

    • Chris Huntley February 7, 2013, 3:03 pm

      Hi Eileen,
      He has to come to the U.S. for every stage of the life insurance underwriting process: the application, underwriting, and to receive the policy.

      I’ll email you with more details.

  • Sandy February 20, 2013, 11:25 am

    I am looking for term life insur for my husband that we can afford !! He is a 62 yr old “smoker”…..can you please help ?!?!?!?
    thanks

    • Chris Huntley February 23, 2013, 12:58 pm

      Hi Sandy,
      Happy to help. Please give us a call at 877-443-9467.

  • Barb May 6, 2013, 1:08 pm

    Please don’t sell my information . Please don’t keep calling. Also, please don’t call after 8 p.m. Or before noon.

  • Johnny July 1, 2013, 4:47 pm

    Chris,

    I am looking to purchase life insurnace for my aging farther and mother. Based on my research I believe term life is the best vehicle for what we are trying to accomplish.
    Question #1 – Are you licensed in NC?
    Question #2 – Are there any issues of who makes the payments?

    Thanks

    • Chris Huntley July 2, 2013, 1:06 pm

      Hello Johnny,
      Yes, I am licensed in NC. License #0008274215.

      If you have insurable interest (in other words, if you would be at a financial loss upon their passing), you can be the owner, payer, and beneficiary w/out any issues.

      Let me know if you have any questions. 877-443-9467

  • John Davis July 16, 2013, 5:58 pm

    I just need an approximation, 5 year term if such exists, for a mere 20k of life insurance, if such exists. I am healthy, 60 years old. I never did smoke or drink or use dope. I am overweight, 6 ft and 230 lbs, but working on it, down from 240.

    • Chris Huntley July 30, 2013, 10:57 am

      Hi John,
      We only have a couple companies who sell 5 year term, but it’s actually cheaper to buy 10 year term. I’ll send you some questions to get you a quote.

  • bev reinhart July 25, 2013, 4:49 pm

    Interested in term insurance
    I am 60 yr old female, good health.

  • doug August 18, 2013, 10:39 am

    i am 63, non smoking 3 years, decided to move to mexico, cholestrol pill, benicar..I have a policy with another & person & believe i am paying to much,..i beleive around $100.00 would be o k …..thanks doug

  • Marjorie Bowers January 20, 2014, 12:40 pm

    I am a female and just turned 65 and am looking for a 20 year term $500,000 life insurance. I live in Kentucky and have had no health issues, do not smoke nor take any medications. What would be the monthly cost?

    • Chris Huntley March 26, 2014, 1:13 pm

      I just sent you an email, Marjorie. Give us a call at (855) 247-9555 and we’ll be glad to help review your options.

      • Lara May 21, 2014, 7:09 pm

        I need a quote for F age 68 good health (no smoking for over 5 years) for $10,000 term life insurance per year (or month) for 10 years

  • Wanda May 10, 2014, 10:04 am

    No phone calls please, kindly email me a quote. Thank you.

  • Jim October 22, 2014, 6:17 am

    I am 62 years old in excellent health and am looking for $500,000 20 year term at a low rate. What can I get?

    • Chris Huntley November 7, 2014, 2:47 pm

      Hi Jim,
      We will be in touch with a list of questions which will help us to find the best rates and policy available to meet your needs.

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