Life Insurance for an 84 Year Old Female?

[AB21]

Anyone aware of any company willing to insure an 84 year old woman in good health? She has a $100,000 mortgage she wants to consider covering. Most companies I'm aware of issue up to age 80. Thanks!

 

[R. Paul Aguirre]

She can get a Transamerica guaranteed product, minimum face is $25k.

TransACE

 

[dgoldenz]

If she's a preferred risk, Genworth would be ~$6800/year fully underwritten. John Hancock would be $6970.

 

[R. Paul Aguirre]

The ACE would be $6849 to age 100 ran preferred. $7,958 at standard.

 

[Lemboe]

I think maybe more...

 

[R. Paul Aguirre]

If she's a preferred risk, Genworth would be ~$6800/year fully underwritten. John Hancock would be $6970.

While I am a Trans guy at heart, Hancock's underwriting of the aged is much more lenient in my experience.

 

[mkortz]

If she's a preferred risk, Genworth would be ~$6800/year fully underwritten. John Hancock would be $6970.

Genworth issued a $25K policy on an 84 year old for me.

Her son initiated the policy, but she ended up outliving him.

 

[Insurace New Port Richey]

I don't think any Insurance company would be Interested in Insuring 84 years old woman.

 

[dgoldenz]

I don't think any Insurance company would be Interested in Insuring 84 years old woman.

You would think wrong then...

 

[jacobtn]

An 84 yr old woman with a $100k mortgage? wow, there's a rarity.

Plus isn't it odd that she cares what happens to it when she's gone? I mean, it's not like she has dependents. Oh well if you make a sale that's all that matters, that's why we're in business.