Until What Age is Life Insurance for Seniors Available?
It may depend on the life insurance company you contact for coverage but most life insurance carriers have a maximum age of 85 for seniors to purchase life insurance.
Your personal health history will determine which life insurance coverage you qualify to buy and how much coverage you may purchase.
Your life insurance policy may be graded, which means you will have limited death benefits the first 2-3 years you are insured by your policy. However, simplified issue life insurance plans usually have 100% coverage from the first day you are insured.
Guaranteed acceptance life insurance policies for seniors have graded benefits, but you cannot be turned down due to any health problems if you meet the age requirements for approval, which may be ages 45 to 85 depending on the life insurance company.