These guaranteed-issue policies offer apprvoal for anyone who meets the age requirements and lives in a state where the insurer is licensed to do business and offers the plan.
Guaranteed life insurance for seniors may be available for people ages 45 to 85, but it varies by insurance carrier. Some common ages for coverage include 45-75, 40-80 and 45-85.
These plans usually offer a limited amount of life insurance protection, from $2,500 up to $25,000.
You may be able to purchase a policy from more than one insurance company.
With guaranteed-approval plans there is no health exam required and you won't have to answer any questions about the status of your health.
Even if you have been denied life insurance from other insurers you can still get insured with guaranteed coverage.