Which Life Insurance Is Best For Seniors? 
Which type of life insurance is best for seniors ? It 's going to depend on their need , just as it would for anyone . If their need is short term , a term policy fits well . If their need is lifetime , with no real idea of what lifetime means in their case , then either guaranteed universal life or whole life may be a better choice . Simply put , if you `` know '' when the need ends , term is an excellent solution . When you do n't GUL or WL are better choices . 