Seniors grab exclusive life insurance policies before they're gone
Financial Considerations and Pricing
When choosing a life insurance policy, understanding the costs involved is essential. Premiums for seniors can vary widely based on age, health, and the type of policy chosen. For instance, a healthy 65-year-old might pay around $100 per month for a $250,000 term life policy, while the same coverage could be significantly higher for those with pre-existing conditions1.
It's important to compare different policies and providers to find the best deal. Many insurers offer discounts or special rates for seniors, so be sure to browse options and visit websites for the latest offers. Additionally, some policies may include benefits such as accelerated death benefits, which allow policyholders to access a portion of their death benefit early if diagnosed with a terminal illness2.