Can You Still Get Life Insurance Over 60?
December 9, 2025
Many people assume that life insurance is something you have to buy when you’re young. But if you’ve reached your 60s and are wondering whether it’s too late, here’s the good news: It’s not. In fact, people over 60 still have plenty of options — and good reasons — to explore life insurance.
You’re also not alone. According to industry research, 74 million Americans report needing life insurance, and an additional 25 million say they don’t have enough. That coverage gap only grows more urgent with age, as people begin to think more seriously about their families, finances, and legacy.
Whether you’re thinking about easing the financial burden on your family, planning for final expenses, or leaving a meaningful legacy, life insurance can still be a powerful tool. At 1891 Financial Life, we specialize in creating solutions that reflect your values, goals, and life stages.
Why Life Insurance Still Matters After 60
Life changes, and so do your reasons for coverage. If you no longer have young children at home or a mortgage to pay off, you might think life insurance has served its purpose. But that’s rarely the whole picture.
Many older adults use life insurance to help cover final expenses, replace income for a surviving spouse, or support a charity or faith-based organization that’s important to them. Some see it as a way to leave a legacy that reflects the values they’ve lived by.
There’s also peace of mind in knowing that your family will not be saddled with unexpected costs. For many, that’s reason enough to consider a policy — even if they’ve never had one before.
Can Seniors Over 60 Still Qualify for Life Insurance Coverage?
Absolutely. While it’s true that premiums may be higher than they would have been in your 30s or 40s, eligibility does not end at 60. Many providers, including 1891 Financial Life, offer options specifically designed to meet the needs of older adults.
Depending on your age and health status, you might qualify for:
- Term life insurance: Offers coverage for a set period and can be a cost-effective choice for short-term needs.
- Whole life insurance: Provides lifetime coverage with consistent premiums and cash value accumulation.
- Simplified issue policies: These typically require no medical exam and offer a quicker approval process.
We understand that one size does not fit all. That’s why our approach is personalized — taking into account your goals, budget, and what matters most to you.
And if you’re healthy, you might be surprised at how accessible coverage still is. Use our life insurance calculator to explore potential options and costs.
How 1891 Financial Life Supports Your Goals
As a not-for-profit fraternal benefit society, 1891 Financial Life has been committed to helping people protect their families and communities for generations.
Our focus on faith, family, and financial strength means we see you as more than a policyholder. We offer access to a range of meaningful member benefits, including volunteer opportunities and scholarship programs. Every policy purchased helps fund community-based initiatives and service programs that support people just like you.
Life insurance with 1891 is about more than protection. It’s about connection, compassion, and purpose.
It’s Not Too Late To Plan With Purpose
Age should never be a barrier to protecting what you love. If you’ve been putting off life insurance or thought it was too late, let this be your sign to reconsider.
If you’re over 60 and still wondering about life insurance, 1891 Financial Life is here to help you make an informed, compassionate choice. Contact us today to explore options that align with your needs and values.
FAQ About Life Insurance After 60
Is life insurance more expensive after age 60?
Yes, premiums are generally higher as you age, but affordability varies depending on your health, the type of policy, and the desired coverage amount. Some simplified issue or term policies may offer more cost-effective solutions.
Can I get life insurance if I have pre-existing health conditions?
In many cases, yes. Specific policies do not require medical exams, and providers like 1891 Financial Life take a personalized approach to underwriting.
What is the best type of life insurance for someone over 60?
There’s no one-size-fits-all answer, so it is crucial to consult a trusted financial professional. The best policy depends on your goals — whether it's covering final expenses, supporting your spouse, or leaving a charitable legacy. A term or whole life policy may be a viable option depending on your needs.
About 1891 Financial Life
Our culture is about looking out for you, for others, for family, for the community. That is how we go “Beyond Life Insurance.”
At 1891 Financial Life, we don’t just sell policies, we offer possibilities. We pride ourselves on giving back to the communities that we serve by providing quality and comprehensive insurance solutions. We are a not-for-profit life insurance Society, which means the sales from these financial service products help fund member benefits, along with social, educational, and volunteer programs designed to respond to community needs. Our commitment to excellence has been recognized by Forbes, naming 1891 Financial Life among “The World’s Best Life Insurance Companies” in 2023 - and for the second time, as one of “America’s Best Life Insurance Companies,” ranking #1 in Term Life Insurance for 2026.
Our portfolio is extensive, ranging from various life insurance policies to our annuities to support your financial needs, no matter what stage of life you’re in.