How Much Does Life Insurance Cost For A 60 Year Old? 
The rates for life insurance for a 60 year old , as with every age , depend a lot on the type of policy and health of the applicant . If applying for a 10 year Term policy , willing to take an exam and in superb health with no other risk , a 60 year old female could get a rate as low as $ 43/mo for $ 250,000 . If she has some moderate health conditions and does n't want to take an exam , she could get a $ 15,000 final expense policy that will not go up in price for the rest of her life for about $ 43/mo . 