An insurance company may not be willing to provide you with life insurance coverage since at the age of 70 years you are more at risk to die because of which the insurance company would have to pay the claim amount. Insurance is a business and the longer a policyholder lives and pays the premiums, the better it is for their business. One of the reasons why it makes no sense to purchase life insurance at the age of 70 years is because you tend to have fulfilled all your financial dreams and have nobody who is dependent on you. A life insurance policy is generally purchased so that your financial liabilities can be taken care of in case something happens to you. If you don’t have any financial liabilities to take care of, it makes no sense to purchase an insurance policy. However, there are some insurance companies in India which may offer insurance to people up to the age of 85 years.