Protective is the best senior life insurance company based on our analysis of rates, historical performance, cost competitiveness, financial strength and other key factors. Pacific Life is, Seniors should consider their financial stability, dependents and potential expenses when deciding on life insurance. Term life insurance is typically cheaper and suitable for temporary needs but, To put together this list, NerdWallet reviewed insurers that offer term or whole life policies to seniors, taking into account our star ratings for each company, as well as policy features like, Seniors under age 70 can get term life policies at affordable rates, especially if you're healthy. But even seniors over age 80 can get affordable guaranteed or universal life insurance. Each insurance company has its own age cutoffs for term life insurance., Seniors above 70 should consider various factors to choose the right policy, including affordability, coverage options, and eligibility criteria. Let’s dive deeper into how life insurance works for seniors over 70 and discuss some tips for finding the right policy for your needs. Do seniors need life insurance?, Our experts researched and compared several term life insurance carriers and narrowed down the list to our top picks for seniors. Insurance companies often tailor their term policies toward younger applicants, but fortunately, you can still find great policies for seniors..