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How much is life insurance for a 60 year old?

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in Insurance by (82.5k points)
How much is life insurance for a 60 year old?

My question is based upon u.s.life insurance subject matter

The question was posed to me in an interview for internship.

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How much does a life insurance policy cost for a 60 year old?

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1 Answer

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Best answer
Right answer is: AgePolicy AmountAverage Rate for 20-Year Term

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 60   $1,000,000                       $4,651

The title of my answer can be Guide to Life Insurance for Seniors Over 60

The heading of my answer can be Life insurance is a useful tool for helping your loved ones pay your final expenses. Although many people buy a policy in their younger years, there are many senior life insurance options for people over 60 .Term Life Insurance.

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