by RiskyBusiness » Sat Aug 08, 2015 09:25 pm
We're looking for information on getting life insurance for an 89 year old male. It's late and will be expensive, I know. What are our options when it comes to companies that cover people this age? I notice that this kind of question doesn't get many / useful answers but hopefully someone has good info to share by now.
Posted: Sun Aug 16, 2015 03:27 am Post Subject:
Nearly all life insurance companies stop writing new policies for persons after they reach 84-86 years of age. The risk of death is too great for the policy to provide a profit to the insurance company at a price a person could afford to pay.
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