fbpx Senior Life Insurance As Seen On TV (2024 Update)

Senior Life Insurance As Seen On TV (2024 Update)

Senior Life Insurance as seen on TV!

If you are curious about what all of the tv commercials for senior life insurance are about you’ve come to the right place.

Fill out our quoter to see senior life insurance rates for free or read along to see sample rates.

Table Of Contents

  • What Is The Best Life Insurance For Senior Citizens?
  • Senior Life Insurance As Seen On TV Cost
  • Senior Life Insurance As Seen On Tv Pros And Cons

What Is The Best Life Insurance For Senior Citizens?

There are many good life insurance policies out there for senior citizens.

However, not all are created equal.

Many give a two year waiting period plan to very healthy people who could qualify for immediate coverage without the wait with other companies.

Colonial Penn, for example, markets a “$9.95 plan” but this $9.95 a month only covers a few hundred dollars in death benefit, hardly enough to cover a funeral and burial. Colonial Penn does not give you very much death benefit at all for this $9.95.

The best life insurance for senior citizens will depend on their age and health conditions, so it is always best to work with a broker to find the best deal.

Senior Life Insurance As Seen On TV Cost

The cost of life insurance for seniors will depend on a few factors. For example, a 60 year old female can get $15,000 for a funeral and burial for only $47/month. However, someone over 80 would have to pay around three times that amount.

Fill out our quoter to see sample rates for those of any age up to age 89. Policies last for life and rates never increase, no waiting period.

Sample rates for Senior Life Insurance As Sene on TV are below.

AgeMaleFemale
50$10,000 – $30/month$10,000 – $24/month
60$10,000 – $43/month$10,000 – $32/month
70$10,000 – $73/month$10,000 – $53/month
80$10,000 – $139/month$10,000 – $98/month
85$10,000 – $192/month$10,000 – $135/month

As you can see, it’s best to get Senior Life Insurance As Seen on TV as soon as possible, the later you wait the more expensive it is.

Senior Life Insurance As Seen On Tv Pros And Cons

As with everything in life, Senior Life Insurance As Seen On TV has some pros and cons.

The main pros are locking in a death benefit to pay for your funeral and burial or cremation so your family or friends don’t have to pay.

Many policies also come with immediate coverage, so just in case you pass away a few months later, they still pay out the full death benefit.

Another pro of getting Senior Life Insurance As Seen On TV is if you are relatively young, you can lock in a low monthly payment for life.

The main con of Senior Life Insurance As Seen On TV is if you are older the locked in monthly payment is higher. This can be tough for people on fixed incomes.

Fill out our quoter to see sample rates for any coverage amount up to $40,000. Policies are issued on current ages up to age 89.

We look forward to hearing from you!