With current advances in the medical field, people are living longer and healthier lives then they did thirty or forty years ago. This often means there is a large age group of people who are going without life insurance longer because their old policies only covered up to a certain age. Age is a big problem for some companies. They simply do not offer a policy which specializes in seniors. However, if you need senior life insurance there are companies which can help in your search.

Some companies offer term life insurance specially formulated for senior’s age fifty five to eighty five. The biggest misconception is these policies are simply high priced and out of range for most people in this age bracket. However there are companies which offer affordable rates for seniors in good health. One such company is IFG Insurance Group.

If you are a senior in fair to good health your policy choices are greater. Most of the main carriers will consider a policy for you, giving you the chance to choose a policy which works well for you or you and your spouse after the age of fifty five.

After the age of fifty five you also have the option of a smaller term life insurance policy which requires no medical exam. This is a great option if you want to get a policy quickly and do not want the hassle of waiting for exams and approvals from companies. No medical exam policies are not for you if you already have serious health conditions. They work best for those who are healthy individuals, with no prior diagnosis of severe health problems.

Age does not have to be a breaking point for life insurance policies. You should not have to pay hundreds or even thousands of dollars a year for a decent policy which gives you the coverage you deserve. You can find a policy which will cover you and give you the things you need during your golden years, without financially strapping you beyond your means to live. Choose a policy which works for you and enjoy the rest of the years you have left.