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05/12
15:21
Can 80 Year Olds Find Life Insurance Policies?
Can older people still find life policies?
I had lunch with a gentleman who specialized in placing senior life insurance policies. I asked him if it was still possible to insure elderly people with different types of policies. He told me that anybody could be placed somewhere. I am not sure if he was overly optimistic, but I do know that major insurers will underwrite policies for older people.
It may be tougher to get large face values and premiums will certainly be higher than they would be for a 40 year old. However, many insurers and brokers specialize
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