Life Insurance Quotes

Life Insurance for Seniors

Many of today's seniors have need of life insurance.  Perhaps they still are still employed; perhaps they have an estate to keep intact; or perhaps they are creating a legacy.

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It's more (and less) expensive

Seniors carry more mortality risk than younger shoppers, so life insurance for seniors costs more.  However, seniors can obtain life insurance coverage more cheaply than people of their age would have done in the past.  Senior life insurance companies understand that people are living longer, and they're eager to give you the lowest price possible in order to win your business.

Your options for senior life insurance

Seniors can apply for any type of life insurance that younger people can, but there are additional options only available to older shoppers.  Here is a synopsis of your options:

  • Ordinary life insurance — Apply for ordinary term, whole, or universal life insurance.  Learn about them in our Types of Life Insurance reference or our Senior Term Life Insurance page.
  • Graded benefit life insurance — This type of insurance is generally available only to shoppers aged 50 or older.  It requires no medical examination before approval.  It is more expensive than most types insurance and generally offers but small death benefits.
  • Guaranteed or simplified issue life insurance — These two types of insurance are generally more expensive than graded benefit insurance.  However, they are apter to offer coverage for individuals with high risk, so even if you've been declined for ordinary insurance, you probably qualify for one of these products.

With the assistance of a licensed advisor at Wholesale Insurance, you have a better chance of finding a senior life insurance company that will approve your application.

How to buy life insurance for seniors

First, decide what kind (or kinds) of life insurance you require.  At this step in the buying process, you should also work out how much coverage (how big a death benefit) you require; and if it is term life insurance you choose, determine how long a term of coverage you need.  Visit our life insurance information library or consult for free with one of our licensed advisors if you require help.

Second, fill out a quote form and compare senior life insurance quotes from dozens of reputable senior life insurance companies.  We have a different form for each of the types of life insurance mentioned above (you may need to scroll to the bottom of some pages to find the quote form).

If you require quotes for a type of life insurance not mentioned above, we can obtain them for you but not online.  Call today to obtain them through one of our advisors for free.

Third, if you find a quote that you like, you can start filling out an application online, with no commitment to buy.  Just click the "Continue" button by the life insurance quote you favor.  If your quote form returned zero quotes (or just zero quotes that you are happy with), call us, and one of our licensed advisors will work with you.  Our specialty at Wholesale Insurance is finding affordable coverage for difficult cases.

For information on the rest of the life insurance purchasing process, see The Application Process.

Talk to an Advisor

A licensed insurance advisor can explain your options and help you choose the right life insurance for your needs.

Call: 1-800-823-4852

Chat: Live Advisor Chat

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A few of the carriers we quote