No Medical Exam Life Insurance Rates for 65 Year Olds

Written on August 19, 2016 by LJM Life Insurance

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No Medical Exam Life Insurance Rates for 65 Year Olds

No Medical Exam Life Insurance Rates for 65 Year Olds are better than you think and our services are FREE.  You can get the best rates with top rated carriers here and now.  The same Term Life Insurance that you know, without the hassle of taking the exam.

To get pricing immediately enter your information in our quote tool with term length and amount of coverage

To speak to a Licensed Life Insurance Agent, call 1-844-528-8688 for your free no hassle quote.  Buying Life Insurance can be a daunting process, let us do the hard work for you and then pick the product and coverage you need.

Please feel free to to look at some rates and then take a look at this article to see just what a no medical exam term life insurance policy is.  If you have a question that is not answered, call us at 1-844-528-8688 or fill out the quote form and we will get in touch with you as soon as possible.

Life Insurance at or over the age of 65

How much Life Insurance you need and the amount of time you need the coverage changes as we age.   The needs of a 65 year old person are vastly different from the needs of someone in their thirties.

The exam for life insurance is inconvenient at best, and now you have options.  With a product that is offered by most top carriers, with rates that are lower than ever before.

When you look for term insurance coverage, a product that you should consider is No Medical Exam Term Life Insurance.  The terms can be up to 30 years and amounts up to $500,000.00

The pricing for No Medical Exam Life Insurance Rates for 65 Year Olds are the lowest they have been in years, and more companies offer the non med product than ever before, this give you, the consumer a widest variety of choices to meet your needs.

No Medical Exam Term life insurance rates for a 65 year old male “Preferred” health class (with minimal or no health issues), monthly rates:

AMOUNT           $10,000       $25,000          $50,000       $100,000       $250,000        $500,000

10 year term        $36.00          $44.68             $57.78         $126.52          $212.11           $443.61

15 year term       $36.00           $56.72            $77.18          $125.65          $314.77           $623.24

20 year term      $36.00           $69.64            $89.40        $136.39          $326.64          $646.97

30 year term      *None           *None            *None           *None             *None               *None

*Rates will vary by health class and location, these are sample rates for a random zip code with person age 65 at preferred rate class. 

No Medical Exam Term life insurance rates for a 65 year old female “Preferred” health class (with minimal or no health issues), monthly rates:

AMOUNT           $10,000       $25,000          $50,000       $100,000       $250,000      $500,000

10 year term       $36.00          $36.55            $36.25           $51.35            $114.89            $222.69

15 year term       $36.00          $43.99            $47.48           $76.59           $176.05            $345.80

20 year term      $36.00          $55.15            $70.19           $93.02           $207.67            $409.03

30 year term      *None          *None            *None            *None              *None               *None

*Rates will vary by health class and location these are sample rates for a random zip code with person age 65 at preferred rate class.

Sometimes it is well worth the extra few dollars to extend the policy term by 10 years or up the coverage amount.  If you look at the table above you can see that some of the prices and term lengths are rather close.

No Medical Exam Life Insurance ApplicationNo Medical Exam Life Insurance rates for 65 year olds

When we complete the application, you will answer the normal health question like weight and height, do you use tobacco, are you a citizen and how many driving infractions you have had lately.  All of your answers are then verified by a prescription report and a report from the Medical Information Bureau.

This type of underwriting which is designed for someone in fair to good health does away with the need to take the paramed exam.  There is very little time when waiting for results and the policy is issued in days.

No Medical Exam Life Insurance Rates for 65 Year Olds

As more companies are offering this term life insurance product the rates have been coming down steadily.  The difference between taking an exam and not is often only a couple of dollars, making it well worth skipping all the hassle.

When you call us at 1-844-528-8688 we will go over all your options and help you determine what is the best fit for your budget, lifestyle and financial needs.

If you wish to start by email and have us contact you, just fill out the quote form and we will be in touch.

The best way to get the lowest prices on term life insurance is to obtain the policy as young as possible.  As we age we tend to have a few issues with our health and maybe some prescriptions added.

This will have a negative effect on the pricing.

We have more detailed information on our page here:  http://ljmlifeinsurance.com/no-medical-exam-life-insurance-over-age-60/

No Medical Exam Life Insurance Age 65

The options for Life Insurance, at this age tend to begin shrinking, you are not going to get term lengths of thirty years and you will most likely not get the higher dollar amounts of coverage. The higher amounts can be had but for a shorter term length.

Life Insurance Coverage Needs at 65No Medical Exam Life Insurance Rates for 65 Year Olds

Term Life is used for income replacement or to cover debt as a spouse or loved one passes.

At 65 many are looking at or forward to retirement and the need for life insurance shifts from income replacement to retirement income preservation for the surviving spouse.  A person this age may also be looking closer at final expenses and covering burial costs.

There are many things that are going to be calculated into your coverage amount.  Final expenses and funeral costs, household expenses, and monthly bills.

If there are any major debts those will also need to be factored in, things such as auto payments and mortgages.  If there is going to be a major loss of income such as retirement or social security income you may want to figure into that also.

Getting a No Medical Exam Policy

Getting your coverage with a no medical exam term life policy has never been easier.  There are more companies offering this product then ever before which keeps the pricing low.

This type of plan is designed for the healthier individual and can be completed in very little time.

You call us at 1-844-528-8688 and complete the application, your answers are then verified and within a very short period of time you have your answer.

About LJM Life Insurance
About LJM Life Insurance

We work with individuals across the nation to secure the best life insurance rates.

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