Whether or not an older person qualifies for life insurance will depend on the person's age, health, and the insurance company guidelines for approval regarding age.
There are several risk factors a life insurance carrier will look at when considering an older person for life insurance, such as, the person's cholesterol levels, blood pressure, health, prescriptions drugs used, lifestyle, occupation, hobbies, height-to-weight ratio, if the person's smokes or not, driving record, etc.
There are several insurance companies that offer plans for seniors, including Globe Life, Colonial Penn, Mutual of Omaha, and AARP/NewYork life, among others.
For instance, Globe Life Insurance offers people ages 78 and under up to $30,000 of simplified life insurance coverage without any physical exam required.
You can request your instant life insurance quote and apply online for your globe life policy in about five minutes.
Learn more about senior no exam life insurance from Globe Life.