There's several options available to shop for senior life insurance plans.
1. Contact a local life insurance agent or broker in your area.
2. Call life insurance companies direct for a free quote.
3. Visit a life insurance website that offers instant senior life insurance quote comparisons from a large network of the leading life insurance carriers.
By comparing multiple price quotes on life insurance from several insurers you'll get an idea of which insurance companies are most competitive for someone your age and health.
Keep in mind, the shorter your term of coverage, the lower your price. Term life plans may offer seniors coverage for a period of 5, 10, 15 or 20 years.
Also, the higher the amount of life insurance, the more you'll pay for your coverage.
Another option for seniors is whole life insurance that provides lifetime protection, but it costs a lot more than term life coverage.
And, there are guaranteed issue senior life insurance plans with no health questions asked and no health exam required.
Here's how you can find low cost term life insurance for seniors.