Life Insurance for 80 Year Olds

If you think that you're too old for life insurance... Think again. Many Insurers provide options that can make sure that even those of us who are in our 80s can get covered.

Several of the companies we are partnered with at Peace of Mind Insurance Group will issue coverage up until you’re 85 years old and we have one that will take applicants who are 89! We still have to apply, and it becomes more difficult and more expensive as you age. The goal is ALWAYS day one coverage with no waiting periods, but sometimes that is not possible.

What we do know is that our final expenses will get paid by someone. And finding the right life insurance plan to help make sure that our family isn’t faced with the prospect of having to pay these expenses is something that we here at Peace of Mind Insurance Group can help with. 

Health Conditions

Life insurance companies still do accept people in their 80s even with a wide range of health issues. But no company will accept the below conditions.

• Dementia/Alzheimer’s

• Current Cancer

• Daily Oxygen Use

• Nursing Home

• Hospice Care

• Kidney Dialysis

If you don’t have one of these conditions odds are we can find something for you.

Sample Rates

Life insurance for people in their 80s does depend on your exact age, your health, and how much insurance you are wanting to purchase. 

Policies can range from as little as $2,000 to as much as $30,000

For a standard $10,000 for a woman who is 84 years old with no serious health conditions could be as little as $207.49 per month. 

Now remember, quotes and eligibility are specific to each person’s health profile, but since we partner with several companies we can find the one that accomplishes our three main goals:

• Getting you the coverage you need

• Finding the best policy at a price that works for you

• Sifting through the options to find the company that you have the best chance of approval with