Instantly Compare Life Insurance Rates:
Term Life Insurance Over 50
Many people in their fifties think that it is difficult to get life insurance coverage because they are over 50 years of age. This is not the case at all. With the life expectancy going up every year, life insurance companies have no problems insuring a person over 50.
With the advances in medicine, it is very common to live into the eighties and beyond.
The surest way to find the best rates on life insurance is to compare rates amongst a good number of companies, and there isn't a better way to do that then using an online resource. The days of an agent - representing only one life insurance company - visiting your home are gone.
Check out these examples of life insurance rates for over 50:
- A 10 year level term policy for a 55 year old man, non smoker, in good health, in the amount of $500,000 will cost only around $80 per month - from a A+ rated company.
- A 20 year level term policy for a 50 year old woman, non smoker, with no health problems, in the amount of $200,000 will cost only $37 per month.
- A 30 year level term policy for a 50 year old woman, smoker, in fair health, in the amount of $400,000 will cost around $370 per month.
As you can see, if you are a smoker the price of a policy will go up a great deal.