In fact, several life insurance carriers cater to seniors with life insurance plans that equine no medical exam.
For instance, seniors may choose simplified issue life insurance plans from several well-known insurers including Colonial Penn, Mutual of Omaha, AARP/NewYork Life, or Globe Life, among others.
In addition, seniors may apply for fully underwritten life insurance policies that require an exam from such top-rated insurers as Met Life or Prudential.
And, there are guaranteed issue life insurance plans for seniors who may not qualify for other life insurance policies due to their age or health issues.
When comparing life insurance plans for seniors make sure you consider the financial rating of the insurer, how long the life insurance policy provides coverage, how long your rate is guaranteed to remain the same, and when the life insurance policy provides full coverage.
Here's how to buy life insurance for seniors over 70.