How Much Does Life Insurance Cost For Seniors? 
Search the Internet for mortality graph . You will see a steep curve showing the increasing probability of death as a person matures . This is directly reflected in premiums . On the other hand seniors pay into their programs for a shorter period of time . Permanent insurance usually costs less than the death benefit , particularly for standard individuals . The problem with term insurance in older years is that it is not always available and often expires before the insured . 