Yes, people over 65 years old may qualify to purchase life insurance coverage.
When selecting your policy you'll want to consider what goal you want your life insurance to accomplish.
If you need guaranteed lifetime protection you'll never outlive, make sure to purchase whole life insurance.
If you need the most affordable life insurance for a period of 20 years or less, then a term life insurance plan may be an option to consider.
If you want to buy life insurance but don't want to take a health exam, there are no exam life insurance plans for seniors.
And, if you have health issues or have been turned down for life insurance before, there are guaranteed issue life insurance plans available for people age 45 to 85.
Learn more about finding life insurance over age 65.