87 Year Old Needs Life Insurance

Discussion in 'Life Insurance Forum' started by LVGUY, Apr 6, 2011.

  1. LVGUY
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    Where can I find life insurance for 87 year old male-either FE or ART? I have already tried compulife. Is there any other quote engine or carrier I can go to for quote?
     
  2. xrac
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    Why would an 87 year need life insurance? Dave Ramsey says you don't need it when you get older! BTID!
     
  3. Robert Barney
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    What kind of insurance?

    I just ran the quote using Compulife, and $50,000 of no lapse UL from ING (Security Life of Denver) is $6,609.70 per year.

    If you go to $100,000, then Transamerica's TransAce is $12,525.99 per year.
     
  4. Norwayguy
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    Robert......The OP has not provided any health info on an 87 year old.....
     
  5. floridagirl
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    There was a discussion a couple of weeks ago about a FE that went to 90(?) I think. Some Fraternal company, can't remember the co. name.
     
  6. Robert Barney
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    I agree, more information is needed. But you have to start somewhere. Somebody was saying they tried Compulife and couldn't find anything. I'm simply pointing out that there are products available.
     
  7. LVGUY
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    I should clarify. Compulife has quotes for UL and one non renewable term. Those rates are excessive. He has a leaky valve but it is very well controlled. I guess I am looking more for that one FE carrier that has those age limits. Would anyone be able to quote Settlers Life?
     
  8. scotte
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    American Continental goes to age 89 for FE
     
  9. WinoBlues
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    $132. per thousand is pretty good. For an 87 year old male with a leaky valve.

    How much coverage is he looking for?
     
  10. LVGUY
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    at minimum 25000 what carrier is 132 per thousand and what face amount
     
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