Life insurance for those over the age of 70 is a need in today’s society, as people are living longer and healthier lives. The appropriate insurance might provide financial security for your loved ones, fulfill your desire to leave a legacy, or pay for funeral costs. This article is an update from 2025 that lists the best 10 life insurance policies for Americans 70 and older.
1. **Lifetime Guarantee from Mutual of Omaha**
Ideal for: Skip the doctor’s visit
Whole life insurance with a guaranteed issue from Mutual of Omaha is available to seniors between the ages of 45 and 85. Acceptance is almost assured, and there is no need for a medical checkup. It is perfect for last-minute needs because the coverage amounts vary from $2,000 to $25,000.
2. **New York Life AARP Life Insurance**
Recommend to: AARP members
For seniors up to the age of 80, AARP has term and permanent coverage in collaboration with New York Life. The policies do not need a medical exam, and streamlined underwriting allows you to obtain coverage up to around $50,000.
3. Transamerica – Insurance for Final Expenses
**Optimal for:** Flexible end-of-life insurance
For smaller bequests or funeral costs, Transamerica’s whole life insurance are an excellent choice. After completing some basic health concerns, the majority of applicants are accepted for coverage up to around $50,000.
4. **World Life – Insurance for Seniors**
Ideal for: Quick clearance
For seniors, Globe Life has cheap insurance that are sure to be approved. Although rates have the potential to rise over time, this option is great for last-minute needs because to its quick application and lack of exam requirements.
5. Colonial Penn – A Lifetime Promise of Acceptance
Ideal for: Unconditional approval
Colonial Penn’s guaranteed acceptance policy is ideal for seniors with health difficulties because it does not need a medical exam and offers a set premium. Funeral and modest estate expenses are adequately covered by the restricted amounts.
6. Whole life insurance from State Farm
**Optimal for:** Reliable, extended protection
Level premiums, cash value growth, and lifetime coverage are all features of whole life insurance from State Farm. Despite the need for a medical test, the coverage provides excellent service and solid financial protection.
7. **RAPIDecision Final Expense – Faith Life**
**Optimal for:** Making snap judgments
With Fidelity Life, you can get a quotation online and have it approved in as little as 24 hours. People over 65 who need health insurance quickly and don’t have a lot of medical history would love this plan.
8. **Life Insurance from Gerber Life – A Guarantee**
Ideal for: Veterans up to the age of 80
All seniors, from 50 to 80 years old, are covered by Gerber Life’s guaranteed issue insurance. There are no medical screenings or questions to answer, and the plans can grow in value over time, so they’re a good bet for the future.
9. Senior Choice – American Amicable
Ideal for: Adaptable policies for ultimate costs
A variety of policies with adaptable death benefits are available from American Amicable for seniors. Thanks to different underwriting possibilities, it’s an excellent solution for folks with unique health conditions.
10. Assurance Plus by Great Western Insurance Company
Ideal for: Underwriting made easier
Subject to qualifying health conditions, Great Western offers simplified issue whole life insurance with the option for instant coverage. Good for retirees who want lenient conditions and don’t have many medical needs.
Last Reflections
Getting life insurance after the age of 70 doesn’t have to be a hassle or a financial burden. Numerous dependable, reasonably priced, and user-friendly alternatives are available in today’s market. Think about your financial situation, your health, and if you want to leave money to loved ones or pay last expenditures when you choose a plan.
Check with a certified insurance agent if you have any questions, compare prices, and read the fine print before making a purchase. With the correct strategy, you and your loved ones may experience long-term tranquility.