People over age 75 may qualify for fully underwritten permanent life insurance or term life insurance plans, and there are also guaranteed issue life insurance policies for people ages 45 to 85.
Permanent life insurance requiring an exam will cost the most for your life insurance coverage, but provide lifetime protection.
Term life insurance will cost less but be limited in years of coverage. It's likely someone over 75 may only have an option of a 1, 5 or 10 year term life policy available.
Guaranteed issue life insurance offers guaranteed approval for people ages 45 to 85. You can choose from $2,500 up to $25,000 of life insurance protection.
With guaranteed plans there is no health exam required and no health questions asked. And, you cannot be turned down due to your health. Rates may start as low as $8.80 per month, but that depends on the amount of your coverage and your age.
Here's how to get life insurance over age 75.