When to comes to life insurance for seniors, you'll want to consider your goal and what you want your life insurance to accomplish.
Permanent life insurance can provide you with guaranteed lifetime life insurance protection that will be there for your final expenses.
However, term life insurance which is temporary, offers by far the lowest cost for your life insurance coverage.
But, with term life, you select the length of time your life insurance will last.
Most carriers offer term life insurance for a term of 5, 10, 15, 20, 25, or 30 years. The shorter your term the lower the cost of your life insurance policy.
So, to get the lowest cost for life insurance you would select the shortest term for your plan, but you can also get the lowest price for the coverage you need by comparing several life insurance price quotes at once, from the leading life insurance companies.
That way, you'll find out instantly which insurance carrier offers the lowest price for your policy.
Learn more about how to find low cost life insurance for seniors.