Life Insurance for a 79 Year Old Female

Discussion in 'Life Insurance Forum' started by marketing, Sep 30, 2011.

  1. marketing
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    marketing Well-Known Member

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    I'm working on a policy for a value client's mother, age 79 no medical conditions. Face amount is $100k; permanent with annual premiums. Looking for the best product for this active lady, thanks
    By the way, we're in Florida
     
  2. jdeasy
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    jdeasy Well-Known Member

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    Best deal on whole life for $100,000 face is RNA. $5258/annual.

    Probably a better rate out there for GUL.
     
  3. marketing
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    marketing Well-Known Member

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    Thank you, I will definitely keep this in mind
     
  4. dgoldenz
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    dgoldenz Moderator Moderator

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    If she can actually qualify for Preferred Plus at age 79, United of Omaha's GUL would be $4068/year.
     
  5. BNTRS
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    BNTRS Well-Known Member

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    Just because she's healthy for 79 there's no guarantee that an insurance company will want to insure her. Be very careful about how you proceed with this. One decline or rating will really upset the apple cart.
     
  6. TRSecurity
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    TRSecurity Well-Known Member

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    I got a 75 year old male preferred plus with Midland last week in Florida. Their rates are competitive and if she's healthy, they reward that.
     
  7. marketing
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    marketing Well-Known Member

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    Thanks for all the great input, enjoy the weekend
     

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