At Huntley Wealth Insurance, we specialize in finding affordable term and whole life insurance coverage for ages 70 through 75 years old.
Think you’re too old? Worried about a medication you take, or health issue? AIG Direct is the best place to start. They insure individuals up to 85 years without evidence of insurability requirements.
At this age, many policy options are available including 10 and 15 year term life insurance, and permanent policies such as whole life or universal life insurance coverage.
Cost of Life Insurance at Age 70-75 - Sample Quotes Below!
If you're a typical 70-75 year old, you will have some medical conditions or may take medications for blood pressure, cholesterol, or have a detailed medical history.
This is where our service stands above the rest. We specialize in high risk life insurance cases.
Average Monthly Premium for 10 Year Term, 70-75 Year Old Male
AGE | $100,000 | $250,000 | $500,000 |
|---|---|---|---|
70 Year Old Male | $96.74 | $212.50 | $413.69 |
71 Year Old Male | $105.10 | $235.34 | $455.45 |
72 Year Old Male | $114.93 | $262.52 | $506.34 |
73 Year Old Male | $126.15 | $293.63 | $566.81 |
74 Year Old Male | $138.50 | $327.56 | 636.84 |
75 Year Old Male | $151.29 | $363.01 | $712.97* |
*The quotes above are based on a healthy male, who would qualify for a "Preferred Non-Smoker" Rating. Better rates are available for healthier individuals, as well as lower ratings and higher premiums for individuals who cannot qualify for preferred. Quotes are for a 10 year term life insurance policy as of 3/13/17 and are subject to change.
Would you like a 70 to 75 year old quote for a different amount of coverage or term? Use the form to the right or below:
Should I Buy Term Life Insurance or Whole Life Coverage Over Age 70?
If you have a short term need, such as 10 to 15 years, I recommend term life insurance.
However, most of our age 70+ clients prefer a “Lifetime Guaranteed” policy…
I prefer a type of permanent or whole life coverage called guaranteed universal life insurance, which is essentially a term policy that covers you for the rest of your life, but without all the cash value build-up that you get with a whole life policy.
Reasons to Consider Guaranteed Universal Life:
- Offers guaranteed level premiums for life
- Face value (death benefit) is guaranteed never to decrease
- Half the cost of whole life, on average
Term insurance is mostly purchased by young adults to replace income lost in the event of their death. Most people who need life insurance over the age of 70 don’t need it for income replacement. They need it for the rest of their lives. That’s why I recommend a permanent policy.
Is Term Life Insurance Still Available at Ages 71, 72, etc.?
Yes! I get a lot clients age 70 and older who only want term insurance. It makes sense for them to purchase term coverage as long as they are only going to need the coverage for another 10 to 15 years.
Recent age limits have been placed on term policies, however. (See our article on how getting older can affect the type of policy you can buy.)
For example, here are Protective’s Age Limits:
As you can see, 75 year olds can still buy 10 year term, and you can still purchase a 10 year term policy all the way up to age 75. In the past, from age 76 to 80, you could get a traditional 15 year term policy and could get a 10 year term policy all the way up to age 85.
Now, however, the age limits have come down, so you can’t get a plain vanilla term policy at these older ages. If you need coverage for a limited time period, you can still do so with a guaranteed universal life insurance policy set with guarantees to age 90 or 95.
At any of these ages, you can still apply for permanent policies like guaranteed universal life insurance to age 120, which I prefer.
What if I have a Pre-Existing Condition?
Helping you is our specialty!
We’ve helped hundreds of individuals purchase life insurance who took medications for various conditions, or had a history of diabetes, cancer, or diabetes.
Examples:
- We were able to help a 73 year old female qualify for a Standard rating with diabetes.
- A 74 year old man recently qualified for a Standard policy with us who had a history of prostate cancer.
Approval Tips if Taking Medication or You Have a Health Issue:
The most important thing you can do is this…
STAY AWAY FROM CAPTIVE INSURANCE AGENTS!
Say you’re 74 year old female and have a history of high cholesterol, and once had a stroke. If you go to an agency like Farmer’s or State Farm, most likely they’re going to sell you a Farmer’s or State Farm policy… even though those companies penalize you severely for having a stroke.
If you use an “independent agent” (we are independent here at Huntley Wealth), your agent can shop around for the company who would be fairest and charge the least with your particular history of cholesterol and a stroke.
Using an independent agent can easily save you 50-75% on life insurance.
I explain this in more detail in this video:
For more information about how we help our clients with difficult health histories, please visit our About Us Page and our high risk life insurance page.
What Steps are Involved in Buying Life Insurance?
In most cases, this will be the process:
- Get a quote (by phone or online)
- Apply for coverage – simple process, which can be done by phone
- Take a free medical exam
- Wait 4-6 weeks for approval
- Pay your first premium, and your policy is now effective
Have Questions? Give us a Call!
If you have any questions or need assistance selecting the appropriate type or amount of life insurance coverage, please feel free to call the office at 877-443-9467, or you can click here to get a quote.
Hi,
I am wondering how much it would cost per month for my mother who will be turning 75 this month for some sort of life ins.
My father recently passed away and did not have any insurance thus making the funeral costs very hard to cover.
Is it possible to get just a $10,000.00 coverage plan to cover funeral expenses?
Thank you,
Jami Black
Hi Jami,
Sorry, my website comments are not set to be emailed to me, so I just saw your comment. Assuming she is a non smoker in good health, you could get a $10,000 policy with United Home Life for $81.24 per month. This is not available in every state, however. What state is your mother in?
Arkansas
I have currently 2 term life policies of $ 1,000,000 each and paying a bit less than $ 1,000 monthly premium for each. I am 72 and in good health,non smoker. My policies will end in about 11 years. I need protection for about 5 years for my family after which I will not need a life insurance policy.
I would prefer to have a policy with cash out option for supplemental income later. I can continue to contribute $ 2000 in monthly premium.
I have another $ 300,000 life/disability insurance for which I am paying $ 1000 in premium monthly. I like this policy because I can cash the whole amount in case I am disabled .
Any suggestions?
Thanks
Hello Dr. Dowlut,
I apologize that your comment was somehow moved to my spam folder. I don’t often check my spam folder, and just now saw your comment. Assuming you are nearest age 72 and could qualify for preferred best ratings, the only way to build up some cash would be to replace your current term policies with a 10 year term policy (less expensive than 5 year) at approx. 1700/mth. However, you don’t have any return of premium or cash accumulation options that fit into your budget, so when I say cash build up, that will have to be in some alternative investment vehicle. Your $300/mth savings, if redirected into an investment making 8% compounding, should grow to approx. 21k over 5 yrs. We would need to speak further to be sure this strategy is suitable for you.
hELLO,
I am trying to get a life insurance policy for my grandmother she is 73 has had cancer not diabetic but is on some meds not sure which ones. I am looking for a policy 500,000, cash out option if possible she owns several properties and she is leaving all of thm to me. I would like to pay them off if God forbid she were to pass. How much would this cost me and what are my options. She lives in Florida and I live in Hawaii I am in the armed forces. I am sorry of this this lengthy but I am tring to give u as much info as possible.
hello….i am solely responsible for for my father and it has recently come to my attention how important life insurance can be….i was wondering if it is possible to get whole life on a 69 year old man who smokes about half a pack of cigarettes a day…. he recently had a complete medical exam and is in perfect health and i have his doctors info to prove that. thank you
Hello Billy,
Thanks for the comment. Yes, a 69 year old can get term coverage for up to 20 years. Your father’s cigarette use will not disqualify him from qualifying for life insurance, but he will need to pay tobacco rates. I’ll call you to discuss further. Thank you.
I need advice. I am 85 yrs old, have paid 20 yrs for universal life ins. Last year I asked my insurance agent if I could take some of my accrued money and make house upgrades. He told me yes and it would only decrease my death benefit and I did not have to pay it back if I did not want to. One year later now they are tying to
triple my policy and I can’t pay it. They lied to me and now I will be without any life insurance and also, they told me I did not have to pay income taxes on the money I had. I had $10,000 cash value but only took $5000 on a $50,000 policy. Have I been duped or what? Thank you. Need advice asap. I don’t know what to do.
I am interested in purchasing insurance for my 73 year old mother. She had breast cancer in her 60s and has been on medication for many years to treat her depression. She is also overweight.. 5’2 – 180lbs. I am looking for a 20K policy to cover funeral expenses or something more if available. Thank you for any help you can offer.
Hello Lana,
Thanks for posting your comment. We can help you to insure your mother. I will email you.
I have some question of the life insurance for my grandmother of the age 73 I don’t know how much I would pay if I bought a life insurance for her . We live in the Florida
Hello Jessica,
I just emailed you, but for everyone else’s sake, her cost would depend on how much coverage you want and also her health, as well as whether she smokes or not.
Assuming she’s in excellent health, you could purchase a policy with a $100,000 death benefit with fixed premiums guaranteed for life for approximately $250 per month.
Policies are available at lower cost if you lower the death benefit or if you guarantee the premiums for a shorter term, say for 10 or 15 years.
my mom is 72 years old in good health what life ins can i get for her?
Hello Cathy,
A 72 year old has just about every type of policy available, except 30 year term. Assuming she can qualify for Preferred Non Tobacco, she could get a $100,000 policy with level premiums for 10 years for $76 per month. To secure level premiums for live, the monthly premium would be $244. Thank you.
I’ m 70…looking to sign up soon for a 15 years level term policy…I claim no health issues…prefered….how much on average monthly…while here Chris above says some $ 76 monthly on a 10 year policy ?
Hello Charles,
Thank you for your comment. Rates change often and we really need to speak to you before giving you a quote. Can you give us a quick call at 877-443-9467 please?
my mother is 74 and is in good health she just had a check up and everything was good she’s a non smoker what would be the best policy term or whole life and what would be the rates.thank you
Hello Jean,
Thank you for your comment.
You asked what the best policy and rates are for your mother, but this completely depends on how long you need the coverage for. Will a temporary policy fit your needs, (i.e. 10 years)? Or would you like protection for as long as she lives.
I’ll also need to know a bit more about her health and the amount of coverage you’re looking at before I can send quotes. As you can imagine, the health questionnaires for life insurance policies are quite extensive. Please give us a call at 877-443-9467. I’ll be in the office for the rest of the day. Thank you.
Best Regards,
Chris Huntley
Hi, sorry I was thinking about $100,000 I was quoted for universal life but i’ve heard there are a lot of hidden fees. Im thinking maybe term life, but im not sure if that’s the best coverage, im on a limited budget. She just had a physical and everything was great she is a non-smoker. Can I get longer than 10 years at her age; Would whole life be safer I just don’t know what the right policy is. Thank you!
-Jean
We are looking at getting a term life insurance policy to cover my husband’s mother. She is 75 years old and in good health. Is on several medications, but over all healthy for her age. We have a mortgage on the house she lives in and would like to get enough to pay off the house and any final expenses. What would a policy cost for 10/20 years? We live in Maine. Thank you.
Thank you for the comment, Kathy. I responded to your questions via email.
My Grandmother turns 75 in September she is a smoker but her heath is very good is 150k-200k possible? what options do I have
Most affordable option would be 10 year term, which keeps your premiums level guaranteed for a 10 year period. She can also still qualify at 75 for a permanent insurance such as whole life or universal life. Assuming she can qualify for Preferred Tobacco, you’d be looking in the neighborhood of $7400/year to keep your premiums level for life, or approximately $4000 per year. Both quotes above for $150,000.
My mother had gastric cancer in November 2011 but is now cancer free via surgery and chemo. She is a non smoker but is in poor health. Heart issues, lung issues, high blood pressure and neuropathy in her legs. She has never smoked in her life and is on currently 10 medications for the above conditions. She was a nurse for 40 years and spent the last 10 years in a 3rd world country as a medical missionary (thus all her health issues). Am thinking of a 25K insurance policy (to cover funeral costs)…how much would this cost?
Oh, btw, my mother is 72 years old.
Hi Chris,
My mom is 74 years old, diabetic with medication control. Can you give her some options on insurance to consider? Minimally to cover funeral expense…. Thanks hb
My brother just turned 74 yrs old. Can he get life insurance for a reasonable cost at his age. He mentioned that he would like to leave about $100k for foreign missions which he served about 25 years. Please let me know if there is a policy that will afford him this opportunity. Thank you, Mack
Hello! My father is 74 years old and in excellent health and owns and operates several investment properties that he will eventually pass on to my brother and I. He refuses to purchase any life insurance policies on his own in spite of my urging him to do so. Assuming that he consents to either my brother or I purchasing a policy on him, what steps would I have to take and on average how much would it cost to insure him? I would need a decent sized policy to cover whatever extra monies I would need to manage some of the properties prior to selling them should I need to manage any of them. It is of concern to me since as a full-time employee I do not have the extra time to manage all of the properties, nor do I have a huge family to assist us in the unfortunate event that he passes. Thank you!
Hi-
My father is 75, non smoker and in good health. What would cost for level 10 year premium in the 150-200k policy size range be?
$2401 per month for 10 year term, $150K, with Minnesota Life, assuming best health class non smoker, nearest age 75, and in a state where I’m licensed. What state are you and your father in?
Good afternoon,
I am a licensed insurance agent and I want to sell insurance for this company. I have a few people 70 years and older with decent health looking for 200,000 dollar policies. Please advise!
Hi Willie,
I sent you an email. I’d be happy to help you with your cases for a split. We are not hiring any new agents at the moment, however.
What would the premium be on 15 year term life insurance for a million dollar policy on my 71 year old healthy & nonsmoker ( on no medications ) mother? Thanks.
Hi Alicia. Thanks for the comment. Just sent you an email.
I have the similar inquiry -“What would the premium be on 20, 20, 25, and 30 year term life insurance for a million dollar policy on my 71 year old healthy & nonsmoker mother? She is not on any medications. She lives a healthy lifestyle. She is fortunate to have Longevity in her family (e.g., family members live longer lives). Therefore, we are wanting to get the longest Term Policy and aaount available for her age group and health criteria. She is ‘fit as a fiddle’. She currently resides in Florida, but we expect she will move closer to us, in Texas, in the near future, within 2 years. Please advise me on the best and lowest cost insurer for these criteria. Please send me email reply as soon as possible. I appreciate your timely response. Thanks.
Hi Joy,
It’s best if you call me so we can discuss here health. The longest term she can get is 10 or 15 years. Beyond that, you’ll have to get a permanent policy.
Please call me directly at 877-443-9467 to discuss. Thanks, Chris
Hi Chris,
I am interested in purchasing a policy for my grandfather who is 77yo. I have been unable to find someone willing to write a new policy b/c of his age. He has never smoked, and has no significant medical hx. No meds. Recent cataract surgery, otherwise is good health and would be willing to undergo exam to document. Last physical showed no major concerns. He is also leaving property to me, upon which I would like to make sure there is enough to cover outstanding mortgages as well as funeral expenses. 10/15 term would be nice. Any suggestions, or referrals? Thanks…
Hey everyone,
While we appreciate your comments, the quickest way to get a quote is to call us at 877-443-9467 or to request a quote using our instant quote form on the right. We only check comments about once per week. Thanks.
Hi, I would like to know what kind of life insurance should I get for my mother who is 70 years old in good health condition except for her asthma. I’m thinking of $100,000 policy so we could pay for her funeral expenses and her debts. Please advice.
Thanks
Hi Chris,
I don’t know much about the type of insurance i am asking for but please help, I desperately need your help.
My Father is 75 yrs old ( 76 in Dec, 2011) and lives in a nursing home. He is a diabetic, and had alzeimer’s, I wasnt aware he didnt have any insurance…but I want to be able to pay for funeral arrangements should that day come. I am unemployed at the present…pls help. He lives in NY and I live in Pa. Thank you
Hi,
My boyfriend is 71. He has had medical issues concerning his heart about a year and a half ago. Also has had blood clots in his legs long ago from an accident when he raced motorcycles back in the 60’s.
He is an Oregon resident and is on medical marijuana. However, he does NOT smoke cigarettes, having quit smoking many, many years ago.
He wants me to look into a life insurance policy on him. I had my doubts about getting him insured for a reasonable rate, but am checking just to appease him.
Thanks in advance for any info you can give me that I can pass on to him.
Jan,
It’s possible we can find affordable coverage for your boyfriend. Depends on current status of blood clots and the heart issue you described. We need more details. Call us at 877-443-9467. Thanks.
I was wanting to see what kind of Life Insurance we could get on my mother. She is 74 and will be 75 in Jan. She had breast cancer 10 years ago but has been fine ever since. She is on some medicines but overall in pretty good shape. Please let me know what options my sister and i have.
Thanks. Kay By the way my mom lives in Ok
Hello Kay,
Unfortunately, we’re not licensed in OK. Give us a call though, and we can refer you to an agent who can help. Your mother should be able to qualify for life insurance based on the information you provided.
877-443-9467
Chris,
my mother is 62 years old and wondering if i could buy a term policy for her for 20yr term. is that something i should look into or go with the life policy?
Hi Andy,
Yes you can purchase life insurance on your mother if she qualifies. She’ll need to know about it, of course, and be available for answering medical questions, signing the application, and for possible medical exam. Call us to get started at 877-443-9467
My mother is 69, she is in good health. What options of term life insurance are available for her?
Thanks
Rick
Hi Rick,
We’re happy to help with your mother, if we’re licensed in your state. Please give us a call to give us the details. 877-443-9467
Hi , I am trying to find out if I can get some kind of coverage for my 73 yr old grandmother. She was recently diagnosed with lung cancer and I just found out that her ex husband cashed out on her policy a few years ago. She will have nothing, no financial means to cover the funeral expenses. Is there some kind coverage I can get to take care of her or am I just out of luck?
I’m so sorry Shad. We cannot insure people with cancer. You might try a guaranteed issue policy. We can only sell these face to face, so give us a call if you live in Southern California. We are in San Diego. Otherwise, I would suggest googling “guaranteed issue life insurance” and then the name of your city where you live for an agent who can help you with this type of policy.
i am looking for life insurance for my mother , she is 75 and in good health
Do you write policies in Maine?
Sorry Warren. We don’t. We have an associate in PA who is licensed in Maine named Chris Lalor. His # is 609-523-7119. Tell him Chris Huntley sent you. Thanks.
Hi, My father is 75 yr old. He is on some medicines with with average health condition . We are searching for $250K coverage for him that can last 15 yr. What will be our options and cost?
thanks much
My spouse is 71 years old and wants a whole or term policy worth $50 to $100,000.00. He has some coverage (whole life ) already. He is in good health. Takes no medications. Can you help us. We live in the state of Georgia.
Thank you
Hello Geanne,
We’d love to help you! Please call me directly at 877-443-9467. (just ask for Chris)
Hi, my mother is 73 and good health, not excellent but good, and takes some medications. I am looking to set her up with a Whole Life policy for about $500,000. I was wondering what options are available and what the estimated premiums would be. Thank you for your help.
Hello Hernan,
Thank you for your comment.
I would be happy to help, but unfortunately cannot accurately predict the cost of insurance without knowing the specifics of her health history.
Please call me directly at 877-443-9467. Ask for Chris.
Thanks again,
Chris Huntley
I need to get a policy for my mom. where do I need to start at?
Thanks
Hi Tina,
Please give us a call at 877-996-9383 and we’ll get you a quote for your mother.
My Dad is 75 type 1 diabetes. I need a policy for 100,000 where do I start?
Hello Deseree,
Thank you for your comment at my site. Type I Diabetics are a bit complicated when they’re older to insure. Can you please call me to discuss his health in further detail at 877-443-9467? Thank you.
My husband will be 70 soon and his term policy will expire. He is in really good health except for moderately high blood pressure. He is looking for $250,000 in life insurance. What would the premium be. He has never smoked.
Hi Linda,
I would love to help you with your husband’s quote. I will email you with some questions.
Need policy male in good health..age76.
Hello Gerd,
I will email you with more questions.
Hey Chris,
My dad is 76 years of age and I am looking at a 100,000 dollar term life policy on him. He is on medicine for highblood pressure and smokes cigarettes. Other than that his health is okay. What reasonable rate policies are available? I live in NC.
my dad is 74 had bypass about 7 years ago strong as an ox always doing something need to get some kind of insurance on him any ideas
mainly just to cover funeral expenses
Hi Johnnie,
We’re happy to help you with a quote if you call us at 877-443-9467.
74 just purchased a home. Want ins. That is universal for 150,000.00
Can i afford monthly payments???
wish to enquire about life insurance for femail 69 years
I just sent you an email, Ms. Austin. Give us a call at 855-247-9555 and we’ll determine your options.
71 yr old widowed female never smoked – never used alcohol -take one antidepressant a day -never had children- own home with mortgage -bicycle almost daily in reasonable weather- taken care of my home doing many small repairs myself- had a mastectomy oct. 2000…no problems since I did not need chemo or radiation.- do not wear eyeglasses had cataracts removed a couple of yrs ago.wish to have whole life policy for only five thousand dollars since no heirs . just enough to let me be buried in a “green” cemetery nearby- no marker -no casket etc.
500,000 whole life yearly amount
Hey Angelo,
Thanks for the request. I just emailed you.
I am 73 yrs. old. I have Universal Life Insurance Policy with Farmers Insurance since the 1980’s. I am in good health, non-smoker or drinker. My premiums keep going up every year, I was paying $265.00/mo. last year now they want $316./mo. my benefits is for $197,000. and until I am 95 yrs. old. This is too high a premium for me now. I want to leave Farmers and get another Policy after all that years of paying Farmers Insurance.
I am a 70 year old widow with about $340K in retirement savings. I own my home, have no debt, SS monthly income plus additional income from rental properties. Should I purchase a $300K life insurance policy with a death benefit that would also serve as a long term health care plan if needed? My annual premiums would be between $9,600 and $11,300 a year depending on how I am rated. I am independent and still in good health with a history of healthy longevity in my family genes. Once I stated using the plan premiums would go away forever after using the &6,000 monthly paid benefit for 24 months. Thank you for a response. SWP
Sherry,
This is a complicated question. One of my agents or I will email you.
Dear Chris,
I am 75 years old and just had my 75th birtthday. I got a cancellation notice in the mail from Minnesota Life telling me that my term policy has now been cancelled as of my birthday. Is there any life insurance available for me? I am in good health and only want a $10,000 policy to cover burial and funeral expenses.
We will email you some questions so we can give you a quote.
Need life insurance 73 years old female
Hi Dawn,
We will need a bit of information from you regarding your in order to find the best premiums and policy for your needs. We will send you a few questions to answer to get the ball rolling.
Thanks,
Chris
MY MOM IS 80, CAN I BUY LIFE INSURANCE FOR HER
Hi Sean,
There may be a couple of avenues to pursue for your Mom. One of my colleagues will be in touch to find out more about which direction to go from here.
how much would a 20 million dollar life insurance cost.. it’s for an 84 year old lady. she’s healthy and doesn’t smoke.
Hello my dad is 74 and looking for life insurance, he smokes but is in good health, how much do you think a 150.000 policy would cost monthly?
Thank you
We will be getting in touch with you to discuss your insurance needs. Thank you for reaching out to us.
Mom is 72. Had breast cancer 15 years ago (in 2000), but has been totally cancer free since around 2001. Just had pacemaker put in January 2015 for arrhythmia. Has mild (early-stage) congestive heart failure. Lifelong nonsmoker. No dementia, no diabetes. On medications for high blood pressure. Still sharp & still works at her job. Lives in NY. Hoping to get a policy between $50K & $100K with an affordable monthly premium. Could do term as opposed to lifetime.
Hi Mary,
One of my colleagues will be in touch with you soon to discuss your Mother’s insurance needs.
My mother just turned 76 yrs and I trying to find out if she can still get life insurance.
Thanks
Hi Mike,
One of our agents will be getting a hold of you to discuss your Mother’s insurance needs.
Hi Chris, I’m trying to purchase coverage to bury my father when that times comes in our lives. He’s 77 (smoker). He’s in good health, no serious issues. Is there coverage that I can have information on? What’s best term or whole.
Ellen
Tampa FL 33605
Hi Ellen
I’ve forwarded your information to Cliff Pendell to help you with your insurance needs
Hi Chris,
My Mother is 75yrs old and I need to get some insurance on her. she is in Good Health but takes some medicine. I have been quoted a price of $130 per month for a $50K Policy. I believe I can do better than this. Please advise if there are any better alternatives.
Hi Jason,
I’ve forwarded your information to Cliff Pendell to help you with your insurance needs
I’m looking for a life insurance policy for my significant other. He is 72 and all we are trying to do is cover our mortgage in the event of his death. He is on meds and has some medical conditions. He is also a Vietnam Veteran and he is getting very depress because it’s always no we can’t help you. So before I say anything to him I feel it is important to speak with you frist. We are looking for 200000. To 250000. If you can’t be of help perhaps you know who can .There are some many Veterans who are in need of ins coverages . I pray for a miracle . Sincerely yours Debbie.
Hi Debra,
I’ve forwarded your information to Justin Nelson to help you with your insurance needs
I need an insurance for 78 yo. Man 79 in sept. He lives in Oklahoma has had a stroke but is in good health non smoker. Need 10,000 to 20,000 dollar policy if premiums aren’t too high please direct me to an agent in ok.
Hello Winona,
Any of our agents can help you, as they are all licensed in every state. I would suggest a Gerber Guaranteed Life policy with Graded Death Benefit for the first 2 years – other carriers will likely decline due to the stroke, but Gerber is guaranteed to offer coverage that will last his entire life. Call our agency partners toll-free at 877-443-9467 or email me directly for help with this. Good luck!
Great article. I think a lot of people who are older assume they cannot get life insurance. This is a very educational article. Good job!
Helpful discussion . I am thankful for the info – Does anyone know where my assistant might grab a sample Saudi Arabia Official Visa Application version to fill out ?
Hi Kitty, Sorry, no idea – perhaps at your local passport office?
Hello,
I am wanting to do an instant quote but I do not know what is meant by the different choices under Health Class. Please clarify.
I am a 70 yr old female, non-smoker, in good health but taking meds for blood pressure, cholesterol, and diabetes prevention. Hoping to qualify for GUL policy. Thinking of only $50,000 and not sure whether to go for 20 yrs?? I need to make a change pretty quickly as my term life policy is expiring and the payment is going to increase significantly. Of course, I intend to reduce the $ amount of the policy if I keep it.
Thanks,
Rose
Hello Rose,
If you A1c is under 7.0 and you are taking Metformin, I would guesstimate a health rating of Standard. That assumes your blood pressure and cholesterol are under good control with medication, and that your build is normal. You can quote a GUL to age 90, 100, or lifetime coverage. Often the difference is not too great, so you may swing the longer length of time the coverage is guaranteed. Only the good Lord knows how long you will live, so you don’t want to pay for 20 years, only to lose any benefit if you outlive the policy.
For more information, or to get quotes, you may call our agent partners at 877-443-9467 or email me directly. Thank you!
Chris I tried to get help through one of your agents.NO HELP!
My husband is turning 70 in July.
Health issues:
30 year diagnosis of a Mild Seizure disorder, controlled by varying drugs, last 17-19 years controlled on Lamictal.Last seizure episode 4+ yrs ago.
Depression related to dealing with seizure disorder, controlled with Trintellix: no hospitalization, no suicide attempts.
Neurologist thought sleep apnea might affect Seizures; Pat on Cpap for 2 years, very uncomfortable.Neurologist retired, Pat quit Cpap 2 years, no related problem.
Pat uses recreational marijuana, legal in state where we live.
He’s active, alert….Can you help us get a term life insurance policy with or without exam?
Dassy Shellenberger
Hi Dassy,
So sorry to hear that our agents weren’t able to be of service. Your husband’s health issues are complex, certainly. Let’s see what I can find out for you – but let’s move off this comments window to do it. I will send you an email today and we can see what’s possible for you both…
My mother is 75 and I dont think the insurance policy she has is going to be of any help if something were to happen. She has recently been diagnosed with a form of cancer of her bone marrow but its dormant and no active cells. What are some of our options?
Hello Glenn, I don’t know what kind of policy your mother has – each type of policy has it’s own merits and restrictions. However, if she has a traditional term or lifetime coverage in force, then her health changes won’t impact her coverage – until or unless her policy lapses or goes out of force for another reason. If you are needing a new policy for her, then with bone cancer, it is unlikely she can qualify for a medically-underwritten policy, but a Guaranteed Issue policy could be just the ticket for her. I will drop you an email, but it may end up in your spam folder, so, if you still need help with this issue, please email me directly at my email shown with my photo. Thank you!
I am 71 and looking for life insurance but do not want to limit it to 10-15 years. (Non-smoker, good health, college prof – yes enjoying work) It looks like the Universal Life Insurance may be the way to go. Is this available in NY State?
Hello Patricia, Thanks for your comment – congratulations on still working at a job you enjoy…it’s good for us to continue to be challenged and productive, right? I do recommend a Guaranteed Universal Life policy to meet your needs for lifetime coverage – just not a non-guaranteed Universal Life…too risky. Yes, they are available in NY state. I will send you a personal email, but if you don’t get it (spam issues) then email me directly and I will be happy to help find the right policy to meet your needs. Thanks for reaching out!
I am 70yo and live in NY. I have a 500000 term policy that will soon be expiring. My agent gave me a quote for a 250000 universal life to age 90 which I thought was satisfactory. I just found out the rate he quoted was no good as I have not been a non smoker for three years. Stopped smoking July 01,2016. . Says it will impossible to get a non smoker rate and reasonable premium any where in the US. Can you assist me?
Hello John, I am sorry to hear of your disappointing response from your agent. Some carriers may not consider you a non-smoker, but others certainly will – a few will consider you a non-smoker after only one year of cessation. I will send you an email today with follow up questions so I can suggest some good options for you. If you don’t get my email, please email me direct, in case my email lands in your spam file. Thank you!
I live in California and I am an insurance broker. Do you broker with agents in California?
Hey John,
Thanks for the comment. Not at this time but be sure to visit our marketing site for insurance agents, http://www.elifetools.com.
Good luck!