Life Insurance Over 75: You Still Have Options

Life Insurance Over 75: You Still Have Options

If you’re over 75 and wondering whether life insurance is still available—**the answer is yes**. Many seniors believe they’re too old to qualify, but **affordable life insurance over 75** is not only possible, it’s more accessible than ever.

At this stage in life, coverage often focuses on final expenses, leaving a legacy, or simply giving loved ones financial peace of mind.

Why Do Seniors Over 75 Still Need Life Insurance?

* ✅ **Cover Funeral & Burial Costs**
Average funeral costs exceed \$9,000—don’t leave that burden to family.

* ✅ **Pay Off Medical Bills or Small Debts**
A small policy can ease financial pressure on surviving family members.

* ✅ **Leave a Gift or Legacy**
Help children or grandchildren with a financial cushion or charitable donation.

Best Life Insurance Options for Age 75 and Older

🔹 **Final Expense Life Insurance (Burial Insurance)**

* Coverage usually between \$5,000 and \$25,000
* No medical exam required
* Lifetime coverage with fixed premiums

🔹 **Guaranteed Issue Life Insurance**

* Guaranteed acceptance, no health questions
* Ideal for those with serious medical conditions
* 2-year waiting period for full benefits

🔹 **Simplified Issue Whole Life Insurance**

* No medical exam, just a health questionnaire
* Faster approval than traditional policies
* Permanent coverage with cash value buildup

Can You Still Qualify for Life Insurance at 75+?

Yes—most insurance companies offer coverage up to age 85 or even 90. The key is choosing the right policy based on your health, budget, and goals.

What to Look For:

* 💰 Fixed monthly premiums that never increase
* 🛡️ Lifetime coverage (not term-limited)
* ✍️ Simple application with no exams

How Much Does Life Insurance Cost Over 75?

Costs depend on:

* Age and gender
* Health status
* Type of policy (guaranteed vs. simplified)
* Coverage amount

A **healthy 75-year-old** may pay **\$70–\$120/month** for a \$10,000–\$15,000 policy. We help you compare top-rated insurers to get the **best value with no hidden fees**.

Work with Specialists Who Understand Senior Needs

At **Mintco Financial**, we specialize in helping seniors over 75 find affordable, honest, and hassle-free life insurance. Our process is personalized, simple, and respectful of your time and needs.

For guidance on senior insurance policies, visit the National Association of Insurance Commissioners.