• M
    MLife Insurance 2 weeks ago

    Life insurance costs for seniors can vary widely depending on a number of factors. These factors include the type of policy, the amount of coverage, the age and health of the insured, and other individual factors. Here are some general guidelines for life insurance costs for seniors:

    1. Term life insurance: 

    Term life insurance policies for seniors are typically more expensive than those for younger adults. Premiums for a 10-year term policy for a healthy 65-year-old male can range from $70 to $200 per month, depending on the coverage amount and other factors.

    1. Permanent life insurance: 

     

    Permanent life insurance policies, such as whole life or universal life, are generally more expensive than term policies due to their savings component. Premiums for a $100,000 whole life policy for a healthy 65-year-old male range from $150 to $400 per month.

Please login or register to leave a response.