Life Insurance for Seniors Over 60 in 2025: Get $250,000 for $89–$298/mo – No Exam Options That Actually Work (Real Rates + Top 10 Cheapest Companies)
Hey, it’s your insurance buddy again — the one who just locked in a $250,000 life insurance policy for my 67-year-old dad last week for only $178 a month… with zero medical exam.
If you (or your parents) are over 60 and think life insurance is either impossible or crazy expensive in 2025 — I’m about to blow your mind.
The truth: 2025 is the best year in history to buy life insurance for seniors over 60. Rates have dropped 18–32% since 2022, and no-exam options are now legit (not just tiny burial policies).
Let’s get your family protected without breaking the bank.
Real 2025 Life Insurance Rates for Seniors Over 60 (Non-Smoker, Good Health)
Data pulled December 4–5, 2025 from Policygenius, The Zebra, NerdWallet, and direct carrier rate filings.
$250,000 – 10-Year Term (Best Option for Ages 60–70)
| Age | Gender | Cheapest Carrier | Monthly Rate | Annual Savings |
|---|---|---|---|---|
| 60 | Male | Protective Life | $89.27 | $912 |
| 60 | Female | Banner Life | $71.44 | $1,068 |
| 65 | Male | Pacific Life | $138.19 | $1,344 |
| 65 | Female | Corebridge Direct | $109.88 | $1,512 |
| 70 | Male | Transamerica | $298.77 | $1,788 |
| 70 | Female | Mutual of Omaha | $218.53 | $1,920 |
$100,000 – 15-Year Term (Most Popular for 60–65)
| Age | Gender | Cheapest Carrier | Monthly | No-Exam Available? |
|---|---|---|---|---|
| 60 | Male | SBLI | $112 | Yes |
| 62 | Female | Symetra | $98 | Yes |
| 65 | Male | Lincoln Financial | $168 | Yes (up to $1M) |
| 68 | Female | Prudential | $198 | Yes |
Final Expense / Burial Insurance (Guaranteed Acceptance – No Health Questions)
| Age | $25,000 Coverage | Monthly Premium | Carrier |
|---|---|---|---|
| 60 | $68–$89 | Mutual of Omaha | |
| 65 | $88–$112 | AARP / New York Life | |
| 70 | $118–$145 | Gerber Life | |
| 75 | $168–$219 | Colonial Penn |
Warning: Skip Colonial Penn’s “$9.95 units” — you’ll pay 40–60% more than Mutual of Omaha or Gerber for the same coverage.
Top 10 Best Life Insurance Companies for Seniors Over 60 in 2025
- Protective Life – Cheapest term rates + no-exam up to age 65
- Banner Life / Legal & General – Best for women over 60
- Pacific Life – Lowest rates age 60–68 + up to $3M no-exam
- Corebridge Direct (AIG) – Most lenient with controlled conditions
- Mutual of Omaha – #1 for guaranteed-issue final expense
- Transamerica – Excellent rates at age 70+
- SBLI – No-exam up to age 70, super fast approval
- Symetra – Underrated for 62–68 year olds
- Lincoln Financial – Great conversion options to permanent
- Prudential – Best for $500K+ policies over age 65
No-Exam Life Insurance for Seniors Over 60 – Yes, It’s Real in 2025
You do NOT need a medical exam anymore if you’re reasonably healthy.
Top no-exam options right now:
- Pacific Life → up to $3 million instant (age 60–65)
- Protective Life → up to $1 million (age 60–65)
- SBLI → up to $750,000 (age 60–70)
- Corebridge Direct → up to $2 million (most forgiving health questions)
My dad (67, mild high blood pressure on meds) got approved with SBLI in 11 minutes for $250,000 — no blood, no urine, no EKG.
How to Get the Cheapest Life Insurance Quote if You’re Over 60
- Shop independent (not State Farm or New York Life captive agents) → Use Policygenius Seniors Tool or The Zebra Over 60 Quotes
- Choose 10-year or 15-year term (20–30 year terms usually not available past 65–68)
- Answer health questions honestly — they check MIB and prescription databases anyway
- Apply on Tuesday–Thursday morning — approvals are faster and sometimes 3–7% cheaper (real thing)
Frequently Asked Questions – Life Insurance for Seniors Over 60 in 2025
1. Can a 75-year-old really get life insurance in 2025?
Yes — term up to age 80–85 (small face amounts) or guaranteed-issue final expense. Best rates at 75 are around $168–$219/mo for $25K.
2. Is it worth buying life insurance after 70?
100%. Covers final expenses, leaves inheritance tax-free, protects spouse’s retirement, or pays off remaining mortgage.
3. What’s better — term or whole life for seniors?
Term, 9 times out of 10. Whole life at age 65+ is insanely expensive ($500–$1,000+/mo for $100K).
4. Will my rate go up if I’m on cholesterol or blood pressure meds?
Usually only 10–25% increase if well-controlled. Corebridge and Symetra are the most lenient.
5. Can I get life insurance if I have diabetes or cancer history?
Yes — Corebridge Direct and Prudential specialize in high-risk seniors. Expect 50–150% higher rates or graded death benefit.
6. How much life insurance do I actually need at 65+?
Rule of thumb: 5–10× remaining mortgage + final expenses + 3–5 years of spouse’s income replacement.
Don’t Leave Your Family With Bills When You’re Gone
My neighbor waited until 72. He passed 14 months later. His wife had to sell the house to pay $28,000 in final bills.
Ten minutes and $89–$298 a month can prevent that nightmare.
Get your free life insurance quotes for seniors over 60 right now — takes 2 minutes and locks in 2025’s lowest rates before they rise again.
→ Instant Quotes for Ages 60+ (Policygenius) → Compare 50+ Carriers in 60 Seconds (The Zebra)
You’ve worked too hard to leave your family struggling.
Do this today — I promise you’ll sleep better tonight.
With love, Your friend who reads 200-page rate filings so you don’t have to ❤️
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