How Much Is Life Insurance For A 60 Year Old? 
There 's many factors that go into the premium calculations for life insurance to say what coverage will cost for a 60 year old - it will be different for every person due to a number of factors including their age , amount of coverage they want , how long they want the coverage for , their risk classifcation , and whether they 're applying with full underwriting or non-medical term coverage . At age 60 , you 'll have term life insurance options for 10 , 15 , 20 , or 25 years - 30 years term insurance would not be available due to age - you would need to look at permanent programs to secure coverage longer than 25 years . If you want to consider coverage beyond 25 years , I would suggest looking at a Guaranteed Universal Life insurance policy -LRB- GUL -RRB- . If you 're looking for something in the $ 100,000 , 10yr term insurance range , you could be looking at premiums as low as $ 28 per month -LRB- at preferred plus risk class -RRB- to over $ 100 + per month -LRB- if you 're table-rated -RRB- , it ultimately depends on the risk classification you qualify for . $ 250,000 , 15 yr term can be as low as $ 82 per month or over $ 154 per month at standard risk class . So on and so forth . However , any numbers I quote without more details regarding your medical history will be useless . The risk classification is the MOST critical factor in determining the cost -LRB- premium -RRB- of a life insurance policy . The risk class depends on a number of factors including whether you 're male or female , your medical history , prescriptions you take , your height/weight profile , any tobacco usage , family medical history , and other factors . Please keep in mind - every carrier has different underwriting guidelines , and each may offer a different risk class for a given medical profile - e.g. company A may offer preferred -LRB- featuring lower rates -RRB- and company B may only offer standard -LRB- featuring higher rates -RRB- . You should always consult with an experienced life insurance broker before applying for ANY coverage . Brokers can shop the case for you among a number of insurance companies to see which one will work best for your program and help you structure a policy that will best serve your needs and your budget . I hope the information is helpful - please feel free to contact me for help and if you have any other questions . Thanks very much . 