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Life Insurance For Seniors Over 60

by Brian M on January 9, 2013 · 0 comments

Life Insurance For Seniors Over 60 (Sixty)

Life Insurance For Seniors Over 60 (Sixty)

Affordable term life insurance rates are still very attainable for those who over the age of 60.  It’s important to shop the right companies to make sure you find the best rates.

What kind of rate can I get? Click here and see instantly

Sample Term Life Insurance Rates for Seniors over 60

$250k 10-year level term policy for a 60 year old female, non-smoker at the Preferred Rating class=$52.42 month with Savings Bank Life Insurance Co.  A+ rated company with A.M. Best

$250k 10-year level term policy for a 61 year old female, non-smoker at the Preferred Rating class=$57.20 month with Savings Bank Life Insurance Co.  A+ rated company with A.M. Best

$250k 10-year level term policy for a 62 year old female, non-smoker at the Preferred Rating class=$62.64 month with Savings Bank Life Insurance.  A+ rated company with A.M. Best

It’s important to disclose any health concerns you have or had to your agent.  This will enable them to put you with the best company and save the most money.

Also, for my most of my clients over the age of 60, I like to look at the rates on what is called a No-Lapse Guarantee Universal Life Policy.  This policy is similar to a level term life policy in that the payments do not increase; however, unlike term the policy doesn’t expire.  It is more expensive the term life, however once you reach the age of sixty, it is a good idea to look at the rates to see if this policy will better fit your needs.  Also, you can go choose smaller amounts starting at; $25k, $50k, $75k, $100k on up.  You can instantly quote term and permanent insurance using the quote engine on this site.  Or if you would like to speak directly to a licensed agent, call the life insurance hotline at (888) 788-1052.  You will receive a free customized quote, need’s analysis and have any questions you may have answered by a professional.

 See what your rate will be:

*Rates as of 1/9/2013. The information in this post is for informational purposes only and is not a guarantee of rates and insurability.  Rates and eligibly are subject to the underwriting guidelines of the insurance companies and state in which you live.

Photo: Jim, the Photographer

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