When it comes to finding the top senior life insurance companies there are hundreds to choose from in America.
Some of the highest rated insurers may not offer the lowest prices or best coverage for seniors. That's why it helps to compare rates, plans and financial ratings online before choosing your insurance company.
Some life insurers offer better rates for non-smoking seniors between 65 to 70, while other insurers may offer more competitive rates for seniors over 70.
In addition, the type and amount of life insurance coverage, as well as, your age and health will impact your rate for senior life insurance. And, tobacco use impacts pricing for life insurance, too.
There are different types of senior life insurance plans, including Permanent, Term, and guaranteed issue life insurance plans.
Some of the better senior term life insurance carriers include Metlife and Prudential, while Colonial Penn and Mutual of Omaha are well-known for their no exam guaranteed issue senior life insurance plans.
There's also Globe Life that offers simplified issue term life insurance for seniors where you can start your life insurance policy for just $1.
It really depends on what you need as far as life insurance coverage and what your goal is for your policy to accomplish.
Here's how you can learn more about finding the best life insurance for seniors.