Can Seniors Still Get Life Insurance After Age 70?
Short Answer: Yes — and in many cases, it's easier than you think.
As we get older, it's common to wonder: "Is it too late to get life insurance?" If you're in your 70s — or even your 80s — the good news is: you're not out of options. In fact, many seniors qualify for affordable plans that offer peace of mind, even with health conditions.
What Kind of Life Insurance Can You Still Get After 70?
1. Final Expense Insurance (a.k.a. Burial Insurance)
- Designed to cover funeral costs, medical bills, and small debts
- Coverage ranges from $2,000 to $50,000
- No medical exam required
- Many carriers offer instant approval, even with health issues
2. Simplified Issue Whole Life Insurance
- Lasts your entire life
- Builds small cash value over time
- Usually comes with a few health questions
- Premiums stay the same forever
3. Guaranteed Issue Life Insurance
- No health questions, no exam
- Available up to age 85–90 in many cases
- Usually includes a 2-year waiting period before full benefits kick in
What Do Carriers Look For?
Even if you have conditions like diabetes, high blood pressure, or a past surgery — many seniors are still eligible for immediate coverage. Carriers typically look at:
- Age
- Current medications
- Hospitalizations in the last 2 years
- Smoking status
- Height and weight
Pro tip: Working with a broker gives you access to multiple carriers, some of which are much more lenient than others.
What Does Life Insurance Cost After 70?
Here's a rough idea of monthly rates for a $10,000 policy (female, non-smoker):
| Age | Good Health | Average Health |
|---|---|---|
| 70 | $45–$60 | $55–$80 |
| 75 | $60–$85 | $75–$110 |
| 80 | $90–$130 | $110–$150 |
Rates will vary based on state, gender, and which carrier is best for your situation.
"I've Been Declined Before – What Now?"
If you were turned down in the past, don't give up. Many agents only work with 1 or 2 companies. We work with over 20 — and can often get people covered even after a previous decline.
Bottom Line
It's never too late to protect your loved ones from funeral costs and final bills.
Even at 70, 75, or 80+, you can still lock in a policy that:
- Covers your final expenses
- Stays in place for life
- Won't require a medical exam