How Much Does Life Insurance Cost For Seniors? 
The cost of life insurance for seniors is much higher than for persons in their 20 's and 30 's , because the mortality rates for seniors are much higher than for young adults . However , if you are a senior person in good health , or with a very well controlled health condition , there are companies that will cater to you . E.g. Getting type 2 diabetes at age 70 could enable you to still get Preferred rates with a few companies , whereas that would not be likely if you got type 2 diabetes at age 20 . If you are a senior in good health and you want more coverage than just for your funeral , it can be worth it to use a medically underwritten policy . But be prepared to have an EKG , answer simple questions to test memory -LRB- e.g. who is the president of the US -RRB- , and have all your medical records reviewed . Using an agency that specializes in senior life insurance can help you jump all the hurdles to get your best rate . For small , no exam final expense policies , the rates for seniors will depend a lot on your age and whether you are male or female . You can expect to pay from $ 50/mo to $ 200/mo for a burial policy , on average . 