what would be appropriate life ins. for a sixty-seven yr old?

Jun 19, 2007

  1. arcangel

    arcangel Guest

    My friend's father is 67 yr old and wants life insurance. He isn't qualify for term because he is over 65. I don't think Universial is right because he wouldn't accumulate much on the guaranteed interest because of his age also it is too expensive. First she wants a 250k for her father then I told her it will be around 1700/month. Then I ran the numbers for 100k, it was still expensive. Next I tried Premiere Whole Life for 100k, it was around 300/month. Is there a better life policy for 100k?
    arcangel, Jun 19, 2007
  2. zackarychapple

    zackarychapple Expert

    Likes Received:
    If you had foresters you could get term for up to 80 year olds, 250k 15 yrs is about 500 a month if he gets through standard non tobacco.

    In the ul version the 250k is $467 minimum and $1003 for secondary guarantee. My suggestion look at other companies. Again these are standard non tobacco rates.