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Need the cheapest term insurance for someone 55 years old?

I would like to buy a $100,000 term life insurance policy. I am 55 years old. Anyone know about how much this would cost me and the best company to buy from?

Public Comments

  1. You'd need to provide a bit more info. Like health, height, weight, driving history, occupation, and avocations. All these are considered in a policy. Try an independant agent that reps from several companies and choose the one that fits your criteria the best.
  2. Try the quote engine on my site. It requires no personal information to use.... http://insurancepickle.com/life-insurance Assuming great health and a 20 year policy about $350-$400/year
  3. Because underwriting practices can have a huge impact on term life insurance rates you will notice that rates will vary from company to company as you begin to receive quotes. I would suggest using some free on line quoting services to get as many quotes as possible and also I would suggest reading http://mysite.verizon.net/ressg6c7/article_save_hundreds_of_dollars_on_insurance/ this is a one page article that explains how to find the best rates for all common types of insurance including term life insurance.
  4. My advise would be to consult a broker who would be able to give you a few quotes and they would know which companies have the best term insurance for people over 50:http://ezinearticles.com/?Life-Insurance-For-Over-50s-Gets-Cheaper&id=1341011 Read this article and you can visit the site below for more information.
  5. The least expensive one from life insurance policies is term life insurance policies. This is due to the life coverage which you get only when you purchase a term life insurance policy. In case of other policies like a whole life insurance a person also has to purchase an investment component. These investments are also called as retirement saving by many whole life insurance policies.
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