The Top Life Insurance Options In California For People Over 70 (See the List)
Factors Influencing Cost and Coverage
Several factors influence the cost and coverage of life insurance for seniors over 70, including health status, lifestyle, and the specific insurer's policies. Typically, insurers require a medical exam to assess your health risks, but there are also no-exam policies available, albeit at a higher premium3. Additionally, some companies offer guaranteed issue life insurance, which requires no medical exam but provides lower coverage amounts.