🏥 Best Policies for Seniors (No Exam Required)
| Policy Type | Coverage | Best For |
|---|---|---|
| Guaranteed Issue | 5K−5K−25K | Any health condition |
| Simplified Issue | 50K−50K−100K | Minor health issues |
| Burial Insurance | 5K−5K−15K | Funeral costs only |
💸 2024 Average Costs (Age 70-80)
| Age | Monthly Cost (Guaranteed Issue) |
|---|---|
| 70 | 80−80−150 |
| 75 | 120−120−200 |
| 80 | 150−150−300 |
🔥 Pro Tip: Buy BEFORE your next birthday—prices jump 10% yearly.
🚫 3 Life Insurance SCAMS Targeting Seniors
- “Starter checks” (fake coverage)
- “Limited-time offers” (pressure tactics)
- “Investment policies” (they keep your cash)
📢 Final Advice: Mutual of Omaha and AARP are safest for seniors.
