If you’ve put off getting life insurance quotes over 50, we can help get your coverage in place as soon as possible. You might be surprised at how affordable a term life policy could be if you’re in good health. Even if you have health issues or have been turned down before, we have solutions that can offer up to $25,000 in coverage no matter what shape you’re in.
➡️ Rather talk to a real person about getting life insurance quotes over 50? Call us at (800) 823-4852 and we’ll answer all your questions and help you apply for coverage over the phone. Or click the button below to get started with a free term life quote!
Get a Free QuoteTerm Life Insurance over 50
Term life is the most affordable type of coverage. If you’re in good health and on a budget, this is always going to be the least expensive way to get covered. Here’s how it works:
- Choose a term length. The older you get, the shorter a term you’ll be allowed to select. The good news? Since people are living longer, the insurers are allowing seniors to apply for longer terms than ever before. At age 50, you can still apply for a term as long as 30 years. If you’re 60, you can apply for up to a 25-year term. If you’re 70, you can apply for up to a 20-year term. If you’re 80, you can apply for up to a10-year term.
- Choose a policy face value. How much coverage do you need? That depends on what you want to use it for. Is it primarily to pay for your funeral and final medical expenses? Or do you want to leave an inheritance for your kids or grandkids? We can give you quotes for different face values to find the one that fits the sweet spot for your needs and your budget.
- Get a quote. You can start with our online quoter, or call us and let one of our licensed life insurance agents help you. Our agents all have decades of experience, including helping hard-to-insure customers get the coverage they need. Don’t put off getting life insurance quotes over 50 - we’re here to make the process fast and easy.
- Call us to apply. See something you like? Call us and we’ll fill out an application for you over the phone and get it sent to the insurer for you. We’ll be with you through the entire process, whether you select traditional underwriting with a medical exam or opt for a non-med policy. When the insurer replies with an offer, we’ll be there to make sure it’s a fair offer. Then, it’s up to you to decide whether to accept the offer. If so, just make your first payment and your coverage will be in place!
➡️ Rather talk to one of our licensed life insurance agents about getting coverage? Call us at (800) 823-4852 and we’ll answer all your questions and get you quotes in just a few minutes. Or click the button below to get started with a free term life quote!
Get a Free QuoteSample Term Life Insurance Quotes over 50
| M/F | Age | State | Health | Tobacco | Term Length | Face Value | Cost as low as |
|---|---|---|---|---|---|---|---|
| M | 55 | Ohio | Best Class | No | 30 years | $500,000 | $237/month |
| M | 60 | Georgia | Best Class | No | 25 years | $300,000 | $254/month |
| M | 68 | Michigan | Best Class | No | 15 years | $200,000 | $172/month |
| M | 72 | Pennsylvania | Best Class | No | 10 years | $100,000 | $111/month |
| F | 53 | Nebraska | Best Class | No | 30 years | $500,000 | $145/month |
| F | 60 | Wyoming | Best Class | No | 20 years | $300,000 | $97/month |
| F | 68 | New Mexico | Best Class | No | 15 years | $200,000 | $110/month |
| F | 74 | California | Best Class | No | 10 years | $100,000 | $102/month |
➡️ Rather talk to a real person about getting life insurance over age 50? Call us at (800) 823-4852 and we’ll answer all your questions and help you apply for coverage over the phone. Or click the button below to get started with a free term life quote!
Get a Free QuoteUniversal Life Insurance over 50
Universal life is one form of cash value life insurance, which has different features than a term life policy. This policy type is designed to cover you for the rest of your life, as well as grow cash value (a savings component).
- Policy matures, but does not expire. Instead of a term length, you select an age when you want the policy to mature (age 65-121). When the policy matures, if you’re alive, the insurance company pays you the death benefit. If you pass away before the maturity date, your beneficiary(ies) make a claim and the insurance company will pay them. As long as you keep your policy current with payments, either you or your beneficiary is guaranteed to get a payout, unlike term life insurance which could expire before you pass away.
- Earn cash value. Like all cash value policies, universal life comes with an account attached to your policy. It’s funded partly by your monthly payments, with interest paid by your insurer. The insurer will update that interest rate periodically to correspond with prevailing rates. Once your cash value has built up, you can access it via policy loans or partial withdrawals.
- More expensive than term life. The higher cost is a trade-off for coverage that’s guaranteed to pay off. If you’re not sure which type to select, we recommend talking to one of our licensed agents and getting quotes for both types.
- Less expensive if you take a medical exam. You can get a universal life policy with a lower face value (less than $25,000) without taking a medical exam, but it will cost you more. If you’re healthy (or even relatively healthy, with only one or two health issues), it’s worth the time to take the free medical exam to get a lower rate and more coverage.
➡️ Rather talk to a real person about getting life insurance over age 50? Call us at (800) 823-4852 and we’ll answer all your questions and help you apply for coverage over the phone. Or click the button below to get started with a free term life quote!
Get a Free QuoteSample Universal Life Insurance Quotes over 50
| M/F | Age | State | Health | Tobacco | Policy Matures | Face Value | Cost as low as |
|---|---|---|---|---|---|---|---|
| M | 53 | Nevada | Best Class | No | Age 121 (no-lapse) | $500,000 | $525/month |
| M | 58 | Alaska | Best Class | No | Age 100 | $300,000 | $405/month |
| M | 64 | New Hampshire | Best Class | No | Age 90 | $200,000 | $296/month |
| M | 72 | Delaware | Best Class | No | Age 90 | $100,000 | $248/month |
| F | 52 | Alabama | Best Class | No | Age 110 | $500,000 | $393/month |
| F | 60 | Colorado | Best Class | No | Age 100 | $400,000 | $310/month |
| F | 68 | Washington | Best Class | No | Age 95 | $250,000 | $446/month |
| F | 73 | Ohio | Best Class | No | Age 90 | $100,000 | $212/month |
➡️ Rather talk to a real person about getting life insurance over age 50? Call us at (800) 823-4852 and we’ll answer all your questions and help you apply for coverage over the phone. Or click the button below to get started with a free term life quote!
Get a Free QuoteGuaranteed Issue/Final Expense over 50
If you have major health issues and can’t qualify for a traditional policy with a medical exam, we still have options for you. You don’t have to take a medical exam to get guaranteed issue, a form of permanent life insurance also referred to as final expense coverage. Policy face values are relatively low, usually under $25,000, and intended to leave behind enough to pay for your final medical, burial, and funeral expenses.
To qualify, you just have to answer a few easy questions about your current health, including whether you have been diagnosed with advanced dementia. Almost all applicants will qualify, and can get coverage in place within hours.
Getting life insurance quotes over 50 doesn’t have to be scary when you have a caring agent to help you through it all. That’s why we’re here! At WholesaleInsurance.net, our agents have decades of experience, including personal experience with relatives who needed life insurance but didn’t have it. That’s why we truly want to help all our clients provide for their loves ones.
➡️ Not sure if you should apply for a traditional policy or guaranteed issue? Call us at (800) 823-4852 and we’ll answer all your questions and help you apply for coverage over the phone! Or click the button below to get started with a free term life quote.
Get a Free QuoteQuoted rates valid as of 10/27/23. Preferred best health class, no tobacco. Universal life rates quoted from Protective, American National, Nationwide, Pacific Life, American General, North American, and Cincinnati Life. Term life rates quoted from SBLI, Banner Life, Pacific Life, Protective, American General, Pacific Life, Transamerica, Symetra, Haven Life, and Cincinnati Life. Your actual term life insurance premium can only be determined by a full application and the carrier's underwriting process, which may include some medical testing at their expense. Depending on the carrier, premiums can be paid on an annual, semi-annual, quarterly or monthly basis. Monthly premium rates may be available via EFT (electronic funds transfer). Not all carrier policies are available at all durations for all ages in all states.