I am currently exploring term life insurance options for my parents, who are both in their early 70s. I understand that securing term life insurance at this age can be challenging and potentially costly, but I want to find the best possible coverage for them.
Can anyone recommend some top-rated term life insurance companies that cater to seniors over 70?
There are a number of reliable providers to take into consideration while looking for term life insurance for seniors over 70. Here are a few well regarded choices:
Guardian Life: With a maximum issue age of 75, Guardian provides term life insurance.
MassMutual: MassMutual offers seniors up to age 75 term life insurance as well.
Northwestern Mutual: Seniors up to the age of 70 can get term life insurance from Northwestern Mutual.
New York Life: With a maximum issue age of 75, New York Life provides term life insurance.
State Farm: Seniors up to the age of 75 can get term life insurance from State Farm.
USAA: In addition to whole life insurance alternatives for seniors up to age 85, USAA offers term life
plans up to age 70.
Check these two reputable companies and I strongly assure you that your parents will enjoy numerous benefits:
Protective Life: Known for competitive rates and the ability to renew policies up to age 95.
Pacific Life: Offers reliable policy illustrations and term life insurance up to age 80.