Best Burial Insurance & Life Insurance For Seniors Over 85
Finding Life Insurance for Seniors Over 85
Finding life insurance for seniors over 85 can be challenging, as most companies do not offer coverage past this age. However, some companies provide coverage up to age 90. This article will explore those companies and provide tips to save on insurance for seniors over 85. For free quotes, fill out the quote form.
Table of Contents
- Companies That Offer Coverage
- How to Apply
- Other Options
- Tips to Save
Companies That Offer Coverage Over 85
Only three companies provide insurance for individuals over 85:
1) Aetna
Aetna is often the best choice for seniors over 85 due to their lenient underwriting and a maximum coverage amount of $25,000. Here are sample non-smoking rates for a female with $10,000 in coverage:
| Age | Cost |
|---|---|
| 86 | $171.33 |
| 87 | $205.98 |
| 88 | $240.62 |
| 89 | $275.28 |
2) Security National Life
Security National Life offers coverage up to age 90, making it a good option for those aged 90, as Aetna only covers up to age 89. Their underwriting is stricter, and the maximum coverage amount is $10,000. Rates are similar to Aetna.
3) Guarantee Trust Life
Guarantee Trust Life is ideal for those with health issues that other companies might not cover. They accept almost everyone except those with cancer, on 24-hour oxygen, in hospice care, or with defibrillators or amputations. The maximum coverage amount is $25,000. Here are sample non-smoking rates for a female with $10,000 in coverage:
| Age | Cost |
|---|---|
| 86 | $237.32 |
| 87 | $253.99 |
| 88 | $278.99 |
| 89 | $303.99 |
| 90 | $337.32 |
How to Apply
We can help you get coverage with any of these companies. The application process is quick and does not require a medical exam, just a few health questions and some personal information. Contact us or fill out our quote form to get started.
Other Options
If the insurance costs are too high, other options include pre-paying for funeral expenses, adding a loved one to a bank account for access to funds after death, or considering cremation instead of a traditional funeral to save money.
Tips to Save on Insurance
To save on insurance for seniors over 85, it’s essential to work with an independent agency like Seniors Mutual that can compare rates from various companies. Even if you don’t qualify with some companies, others may offer better rates. A smaller insurance policy, such as $3,000-$5,000, can still provide significant help to your family. For quotes and options, fill out our form or give us a call. We’ll find the best rates regardless of your location or age.
