Yes, there are insurance companies offering life insurance for people over age 70.
Some of the more well-known insurers include Globe Life, Colonial Penn, Mutual of Omaha, and AARP/NewYork Life, among others.
Senior life insurance plans usually offer a short term policy for 10 years or less and a limited amount of coverage.
Guaranteed acceptance life insurance plans may offer people over 70 permanent coverage but the benefits are graded, meaning you won't have full coverage until you have been insured by the policy for at least 2 years.
Since life insurance rates are based on age and longevity, the older you are when you buy your life insurance policy, the higher your rate for the coverage.
There are simplified issue life insurance plan for senior offering up to $30,000 of life insurance with no health examination required, just a few Yes/No health questions for you to answer. You can get a free life insurance quote and apply online in minutes for your coverage. Learn more about life insurance for people over 70