Life Insurance For People Over 80

If you are 80 years old up to age 85, there are a few companies that will offer you life insurance, so long as you are in good health. Due to the high cost of premiums, most people that fit into this age bracket typically buy a small policy to cover burial and funeral expenses. This is usually between $5,000.00 and $15,000.00.

The average cost of a funeral in the United States is approaching $7,000.00.

Seniors today are living longer and longer, so you should expect that the price of burial and final expenses will continue to rise over the next decade. Everything always seems to go up in price, year after year. Therefore, when choosing the amount of coverage to purchase, you should take into consideration that although a reasonable funeral costs $7,000.00 today, five years from now it may be $8,000.00 or more.

Be Cautious.

Do not cancel any policy that you already have, nor should you allow any insurance agent to talk you into replacing any policy that you have with a new one. Insurance agents get paid on a commission and there are some that are looking out for their commission check more than they are looking out for you. So be cautious and protect the investments and policies that you already have in force.

For example, if you have a $5,000.00 policy already, do not cancel that policy to get a $7,000.00 policy. Only buy a $2,000.00 policy to add to the $5,000.000 policy that you have. I would advise any client to only add to and not replace any policy that they have been paying on for years. is a free tool that you can use to compare life insurance policies everyone, including people over 80 years of age.

Christy Love is a Platinum Level Expert Author at

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Related Posts is a free tool that allows you to check life insurance quotes without having to apply. Compare policy differences side by side and make a well-informed decision by comparing life insurance quotes online.


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