Here are the best life insurance companies for seniors looking for coverage.
You don’t have to be older to get the right life insurance policy. Although the cost of insurance can rise with age, many insurers will still accept older adults even if they aren’t in their best health. Here are our top picks for seniors looking for term or whole life insurance policies.
We considered NerdWallet’s star ratings for each company as well as the specific features of policies, such as age, when deciding which insurance companies to include on our list.
If you can’t find a traditional term or whole life policy, there are some alternatives to consider, such as guaranteed issue life insurance. These policies don’t require a life insurance medical exam, and acceptance is guaranteed.
Alternatively, you may want to look at burial insurance, sometimes referred to as final expense insurance. These policies can be used to help pay for funeral expenses and other end-of-life expenses.
