Yes, there are several types of over 50 life insurance policies available, including term life, permanent life and guaranteed-issue life insurance.
The cheapest type of over 50 life insurance is term insurance which offers temporary coverage lasting for a "term" of 10, 15, 20, 25 or 30 years.
Permanent life costs a lot more money, and provides lifetime protection, as long as you pay your premiums. It also builds some cash value inside the policy, from which you may take a loan.
Guaranteed-Issue life insurance plans offer a limited amount of coverage for seniors, usually from ages 45-75, 40-80, or 45-85.
If you meet the age requirements for approval, you cannot be denied coverage for guaranteed life insurance.
Learn more about life insurance over 50 and how to get affordable coverage.