1. 4330 POINTS
    Jerry Vanderzanden, CLU, ChFC
    Co-Founder, Coastal Financial Partners Group, California
    Rate tables exist to age 80 at most insurers. In some cases, age 85 is available and in a few insurance companies, age 90.  Assuming the proposed insured is insurable the standard rates may apply or there may be substandard extra premiums or table ratings depending on insurability. The premium rates are quite high but they may still be acceptable depending on the need and means of the applicant. Declines are common at these ages.
    Answered on May 7, 2013
  2. 115 POINTS
    Albert McWilliams Sr.
    Insurance Advisor, The Albert McWilliams Group, United States
    Depending on the type of Life Policy, some Insurance companies will issue a life policy at age 85. This is usually for final expences such as funeral and burial expences. The face amount of these policies usually range between $5000 and $50,000. They usually are simplified issue policies that require no medical exam.
    Answered on May 7, 2013
  3. Did you find these answers helpful?

Add Your Answer To This Question

You must be logged in to add your answer.

<< Previous Question
Questions Home
Next Question >>