It's temporary life insurance for senior citizens where the life insurance coverage lasts for a set number of years.
If you pass away during the "term" of your life insurance policy, your beneficiary would receive the death benefit from your policy.
If you outlive the "term" of your term life policy, your life insurance coverage expires without any payout.
Seniors may be able to choose term life insurance for a term of 5, 10, 15 or even 20 years depending on their age and health.
There are some senior no exam term life insurance plans you can apply for online without having to take any health examination. These plans may have a limited amount of life insurance available, and ask a few health questions to determine if you qualify for coverage.
Learn more about term life insurance seniors coverage and how you can compare instant seniors life insurance rates online from several highly-rated insurance companies today.