Life Insurance Quotes after Retirement - Ages 65 to 79
You’ve worked your whole lifetime and are now finally about to reap the rewards of retirement.
Even though you’ve done everything you can to prepare for retirement, you might find that you still need some term life insurance.
We’ll show you where to find the best rates for life insurance and give you an idea of what to expect to pay for your coverage. We'll also show you some affordable alternatives to term life insurance that will guarantee your rates and coverage until the age 90 or later.
Quick Article Guide
Here’s what we'll cover in this post:
- Why You Might Need Term Life Insurance after Retirement
- Compare Term Life Insurance Quotes from Dozens of Companies
- Term Insurance Quotes After Retirement and Health Issues
- Actual Term Life after Retirement Insurance Quotes
- What If I Need Life Insurance Coverage for Longer the Options Listed?
- Where Can I Find an Instant Life Insurance Quote After Retirement?
Why You Might Need Term Life Insurance after Retirement
Your reasons for buying a policy at this stage of your life could vary and be for different purposes. Term life insurance policies are the least expensive type of life insurance you can buy, but we also offer policies that will extend coverage later into life for pension maximization, estate planning, or to leave an inheritance.You might also know that these types of life insurance policies pay the death benefits only. The amount of coverage you need and the term, or how long need the coverage for, can also be a very critical decision.
You might want to ensure your spouse has a comfortable form of income after you’re gone. Or you might need life insurance because you still have outstanding debts and you want the insurance to cover what you owe so your family isn’t burdened. We also work with clients to help them get the most from their pension, also known as pension maximization.
Pension maximization planning allows a retiree to take their full pension each month while ensuring that their spouse has money to live on if something happens to them. For most of our clients, this can save you thousands of dollars each year.
Or, perhaps you have health concerns and are worried that your health planwon’t provide enough coverage.
We also help clients who need coverage to provide money to their family for funeral expenses and to have a little left over to cover a few small debts or expenses.
Compare Term Life Insurance Quotes from Dozens of Companies
We offer no obligation, and instant online quotes to help you determine your budget for coverage. When shopping for life insurance, you want to make sure you’re getting your quote from a reputable site with multiple companies to choose from – we are licensed in 50 states and our experienced independent life insurance agents work with 63 top-rated life insurance companies. Our no-fee service will help you shop the market to find the best rates available.Independent agents have access to many life insurance companies and we know which ones are more lenient with health issues than others. You may not be aware that some life insurance companies have different ways they rate folks for certain age thresholds or birthdays. This is especially important for anyone who is in that age group and have just retired, the right company can save you thousands.
Life insurance becomes increasingly more expensive as you get older. If you want to get the best rates for your age and health situation, then you are best advised to speak directly with an agent like myself who is trained in underwriting. We can match you up with the right company to ensure that you receive the best possible quotes available.
Term Insurance Quotes After Retirement and Health Issues
When looking for a quote for a policy after you retire, you might not be in the best of health any more. We specialize in finding the most affordable coverage for clients with pre-existing health conditions. Factors like your overall health and the medications you take are also going to impact your ability to find the most affordable policy.This is another reason why you should get free quote from an independent agent who also specializes in finding policies for people who have pre-existing conditions. This could be anything from cancer to respiratory conditions, diabetes, or anything in between.
Here again, you can encounter needless problems when trying to find an affordable policy because each insurer uses a difference approach to rating someone for health issues. There are a lot of variables involved so you are best advised to pick up the phone and talk to and someone like myself so I can have better picture about your pre-existing condition.
To try to give you a rough idea of what you can expect to spend on your coverage, we included some actual rates below, or you can give us a call toll free at 855-247-9555
Actual Term Life after Retirement Insurance Quotes
Here are some actual term life insurance quotes for men between the ages of 65 – 79. These quotes are for a healthy male who is a non-smoker, also known as "Preferred Plus" rates.The quotes provide sample quotes for a $250,000 term life insurance policy and show what the monthly premium might be for a 10 Year term, a 15 Year Term and a 20 Year Term
Term Life Insurance Quotes for Men Over 65 In Good Health
| Age | 10 Year Term | 15 Year Term | 20 Year Term |
| 65 | $97.76 | $125.59 | $194.39 |
| 66 | $108.79 | $140.74 | $229.11 |
| 67 | $121.24 | $158.14 | $271.76 |
| 68 | $134.91 | $178.36 | $323.32 |
| 69 | $150.26 | $202.49 | $360.84 |
| 70 | $167.44 | $233.69 | $406.95 |
| 71 | $190.06 | $281.71 | N/A |
| 72 | $216.41 | $342.51 | N/A |
| 73 | $243.86 | $414.44 | N/A |
| 74 | $276.54 | $473.81 | N/A |
| 75 | $318.19 | $562.64 | N/A |
| 76 | $418.29 | $715.28 | N/A |
| 77 | $505.52 | $819.19 | N/A |
| 78 | $598.61 | $956.46 | N/A |
| 79 | $670.59 | N/A | N/A |
*Displayed monthly rates are accurate as of 03/07/2023 and are provided for illustrative purposes only.
What If I Need Life Insurance Coverage for Longer the Options Listed?
The majority of term life insurance policies are designed to end before you reach the age of 80, but if you need coverage later into life, you still have affordable options with guaranteed level premiums called Guaranteed Universal Life Insurance or a GUL.
These policies work just like a term life insurance policy and they offer guaranteed rates and coverage until the age of 90 or later. Also referred to as term-to-90, term-to-95, or term-to-100. These polices do not require additional premiums to build a cash value, you pay for the cost of the insurance only, so you do not have to worry about your rates increasing as you get older.
Your rates are locked in until the age of your choice, but instead of being guaranteed for 10, 15, or 20 years, your coverage and rates are guaranteed until the age of 90, 95, 100, 105, 110, or even 121, making these policies ideal for leaving an inheritance or funding a trust for estate planning.
In some cases, depending on your health, you may actually save money by buying a policy with a few extra years of coverage. Here are some sample quotes for $100,000 of coverage until age 90 or later. If you need additional coverage, please feel free to call or email us and one of our agents will be happy to help. Give us a call, Toll Free: 855-247-9555.
Actual Guaranteed Universal Life Insurance Quotes - $100,000
| Current Age | To Age 90 (Female) | To Age 90 (Male) | To Age 95 (Female) | To Age 95 (Male) | To Age 100 (Female) | To Age 100 (Male) |
| 65 | $275.51 | $336.05 | $294.42 | $376.06 | $362.04 | $436.08 |
| 66 | $289.10 | $356.68 | $321.68 | $408.62 | $394.00 | $472.26 |
| 67 | $302.66 | $377.27 | $348.64 | $441.00 | $426.00 | $503.00 |
| 68 | $316.25 | $397.85 | $375.16 | $473.02 | $457.75 | $532.75 |
| 69 | $329.81 | $418.43 | $401.72 | $504.36 | $489.94 | $565.50 |
| 70 | $343.40 | $439.05 | $427.92 | $535.58 | $522.08 | $601.00 |
| 71 | $367.13 | $468.09 | $468.21 | $589.50 | $564.50 | $641.00 |
| 72 | $390.85 | $497.12 | $501.76 | $623.75 | $603.75 | $682.00 |
| 73 | $414.56 | $526.19 | $536.55 | $660.75 | $645.75 | $727.75 |
| 74 | $438.28 | $550.14 | $572.79 | $702.50 | $689.25 | $776.75 |
| 75 | $461.99 | $570.39 | $610.71 | $750.25 | $733.25 | $831.00 |
| 76 | $782.50 | $797.50 | $910.00 | $1,002.50 | $946.00 | $1,072.00 |
| 77 | $842.50 | $835.00 | $985.00 | $1,062.50 | $1,042.50 | $1,162.50 |
| 78 | $897.50 | $922.50 | $1,057.50 | $1,172.50 | $1,130.00 | $1,282.50 |
| 79 | $955.00 | $967.50 | $1,135.00 | $1,250.00 | $1,225.00 | $1,377.50 |
*Displayed monthly rates are accurate as of 03/07/23 and are provided for illustrative purposes only.
Where Can I Find an Instant Life Insurance Quote After Retirement?
You always want to talk to an independent agent like myself. We can access and research dozens of companies so you are assured we will find the best policy at the most affordable rates. If you have health concerns, don’t let that dissuade you because we can give you valuable advice and help you to find a policy that suits you.
Whatever your needs or questions are, please give us a call at 855–247–9555, or request a free quote online, and we'll contact you. We offer a no-pressure consultative approach to life insurance, and we're here to help you find the best rates available.
Chris Huntley
Co-Founder
Chris is a co-founder of JRC Insurance Group. Prior to founding JRC, he owned his own agency, and he has been a licensed life insurance agent since 2014. Chris is a die-hard San Diego Padres fan, and in his spare time he enjoys reading, ping pong, poker, and spending time with his wife and three daughters.
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Questions From Our Visitors
Some of the questions we received from our website visitors:
I am 73 years old and need a quote. Thanks.
Mr. Sala, Thank you for visiting JRC's life insurance website and your question. We'll be glad to help you determine your best rates and options for your life insurance. We compare rates for over 40 companies, and each has different types of coverage. Give us a call at 855-247-955 and a licensed agent for your state will guide you through the process and pre-qualify you by phone.