Whole life insurance provides life insurance protection and may build cash value inside the policy over time, which is why it costs more than term life insurance.
Consider why you need the life insurance protection? Is it to provide for burial and funeral costs? If so, you may want to consider a company like Colonial Penn, Mutual of Omaha, or Globe Life Insurance.
These insurers offer no exam life insurance plans for older people that can help to provide the money needed to pay for their burial and funeral expenses.
For example, Globe Life Insurance offers up to $30,000 of simplified life insurance with no medical exam for people ages 78 and under. You can get a quote and apply online for coverage today.
Or, you may want to meet with a local, licensed independent life insurance agent to help you review your options and compare plans from several highly-rated life insurers.