Life insurance is a crucial financial tool at any age, providing peace of mind and economic security for your loved ones. However, securing sufficient coverage becomes increasingly important as you enter your seventies. In this guide, we’ll delve into the nuances of life insurance for seniors over 70, exploring the costs, options, and strategies to ensure you have the coverage you need. The Cost of Life Insurance Over Age 70 As you age, life insurance costs typically increase due to higher perceived risk by insurance companies. Factors such as age, health condition, coverage amount, and type of policy all influence…
