[ad_1] For individuals who are young and in good health, shopping for life insurance is often easy and stress-free. Most of the time, young people only need to decide how much coverage they want and apply for a free quote online. Some companies that market term life insurance coverage even let qualified applicants start their policies without a medical exam. Once you have reached the age of 50, however, your options for life insurance may not be quite so robust. You may have to buy a lower amount of coverage in order to secure a monthly premium you can afford, and it’s more likely you’ll need to undergo a medical exam and face increased scrutiny over your life insurance application. Fortunately, you can get life insurance in your 50s and even in your 60s. You’ll just need to adjust your expectations, and you should be willing to shop around to ensure you’re getting the most coverage for a price you can afford. #ap72045-ww{padding-top:20px;position:relative;text-align:center;font-size:12px;font-family:Lato,Arial,sans-serif}#ap72045-ww #ap72045-ww-indicator{text-align:right}#ap72045-ww #ap72045-ww-indicator-wrapper{display:inline-flex;align-items:center;justify-content:flex-end}#ap72045-ww #ap72045-ww-indicator-wrapper:hover #ap72045-ww-text{display:block}#ap72045-ww #ap72045-ww-indicator-wrapper:hover #ap72045-ww-label{display:none}#ap72045-ww #ap72045-ww-text{margin:auto 3px auto auto}#ap72045-ww #ap72045-ww-label{margin-left:4px;margin-right:3px}#ap72045-ww #ap72045-ww-icon{margin:auto;padding:1px;display:inline-block;width:15px;height:15px;min-width:15px;min-height:15px;cursor:pointer}#ap72045-ww #ap72045-ww-icon img{vertical-align:middle;width:15px;height:15px;min-width:15px;min-height:15px}#ap72045-ww #ap72045-ww-text-bottom{margin:5px}#ap72045-ww #ap72045-ww-text{display:none}#ap72045-ww #ap72045-ww-icon img{text-indent:-9999px;color:transparent} Ads by Money. We may be compensated if you click this ad.Ad #ap72045-w-map{max-width:600px;padding:20px 0 10px;margin:0 auto;text-align:center;font-family:”Lato”, Arial, Roboto, sans-serif}#ap72045-w-map #ap72045-w-map-title{color:#212529;font-size:18px;font-weight:700;line-height:27px}#ap72045-w-map #ap72045-w-map-subtitle{color:#9b9b9b;font-size:16px;font-style:italic;line-height:24px}#ap72045-w-map #ap72045-w-disclosure{margin-top:10px;font-size:12px;color:#9b9b9b}#ap72045-w-map #ap72045-w-map-map{max-width:98%;width:100%;height:0;padding-bottom:65%;margin-bottom:20px;position:relative}#ap72045-w-map #ap72045-w-map-map svg{position:absolute;left:0;top:0}#ap72045-w-map #ap72045-w-map-map svg path{fill:#e3efff;stroke:#9b9b9b;pointer-events:all;transition:fill 0.6s ease-in, stroke 0.6s ease-in, stroke-width 0.6s ease-in}#ap72045-w-map #ap72045-w-map-map svg path:hover{stroke:#1261C9;stroke-width:2px;stroke-linejoin:round;fill:#1261C9;cursor:pointer}#ap72045-w-map #ap72045-w-map-map svg g rect{fill:#e3efff;stroke:#9b9b9b;pointer-events:all;transition:fill 0.6s ease-in, stroke 0.6s ease-in, stroke-width 0.6s ease-in}#ap72045-w-map #ap72045-w-map-map svg g text{fill:#000;text-anchor:middle;font:10px Arial;transition:fill 0.6s ease-in}#ap72045-w-map #ap72045-w-map-map svg g .ap00646-w-map-state{display:none}#ap72045-w-map #ap72045-w-map-map svg g .ap00646-w-map-state rect{stroke:#1261C9;stroke-width:2px;stroke-linejoin:round;fill:#1261C9}#ap72045-w-map #ap72045-w-map-map svg g .ap00646-w-map-state text{fill:#fff;font:19px Arial;font-weight:bold}#ap72045-w-map #ap72045-w-map-map svg g:hover{cursor:pointer}#ap72045-w-map #ap72045-w-map-map svg g:hover rect{stroke:#1261C9;stroke-width:2px;stroke-linejoin:round;fill:#1261C9}#ap72045-w-map #ap72045-w-map-map svg g:hover text{fill:#fff}#ap72045-w-map #ap72045-w-map-map svg g:hover .ap00646-w-map-state{display:initial}#ap72045-w-map #ap72045-w-map-btn{padding:9px 41px;display:inline-block;color:#fff;font-size:16px;line-height:1.25;text-decoration:none;background-color:#1261c9;border-radius:2px}#ap72045-w-map #ap72045-w-map-btn:hover{color:#fff;background-color:#508fc9} With a Life Insurance policy you can take care of your family the right way. Should anything happen to you, you'll want to leave your loved ones a financial nest egg for their wellbeing. Click on your state to find out more. HawaiiAlaskaFloridaSouth CarolinaGeorgiaAlabamaNorth CarolinaTennesseeRIRhode IslandCTConnecticutMAMassachusettsMaineNHNew HampshireVTVermontNew YorkNJNew JerseyDEDelawareMDMarylandWest VirginiaOhioMichiganArizonaNevadaUtahColoradoNew MexicoSouth DakotaIowaIndianaIllinoisMinnesotaWisconsinMissouriLouisianaVirginiaDCWashington DCIdahoCaliforniaNorth DakotaWashingtonOregonMontanaWyomingNebraskaKansasOklahomaPennsylvaniaKentuckyMississippiArkansasTexas See An Estimate Unique Challenges for Those Over 50 Buying Insurance As you start shopping for a life insurance policy, you’ll probably notice a few factors that are working against you. These factors aren’t your fault, but they still affect your ability to qualify for life insurance coverage or affordable monthly premiums. Your Age: Where life insurance can be downright cheap when you’re young and healthy, policies only get more expensive as you age. Once you’ve surpassed the age of 50, the price you’ll pay for a meaningful amount of coverage can easily balloon. This is why it’s more important than ever to spend time shopping around and comparing life insurance quotes. Your Health: The older you are, the more likely you will have acquired a chronic health condition that can make getting life insurance coverage a challenge. You’ll need to answer health questions when you apply for a life insurance policy, and the answers you provide could set off alarm bells with the life insurance provider or bar you from purchasing a policy at all. Policy Length: Another issue when you’re older is the term of coverage you can qualify for and purchase. A 30-year term policy will likely be fairly expensive if you’re already 55, for example, whereas a 10-year term policy that only provides a decade of coverage will likely be more affordable. Many older individuals opt to buy permanent coverage that lasts a lifetime, yet permanent coverage like whole life or universal life can also be incredibly expensive. Finding the Right Life Insurance Policy When You’re 50 When working with only one insurer, you are locked into just that insurance company’s underwriting requirements — as well as that insurer’s prices. And, while it may sound strange, not all life insurance coverage is underwritten or priced identically. For example, an applicant who applies to one insurance company may be accepted as a “standard” policyholder and charged an average premium rate, while he or she may be accepted only as a “substandard” policyholder at another carrier and charged a higher rate of premium — even though they submitted the same answers to the questions on the application for coverage. This is why it is essential to work with an expert in the insurance field that can submit your information to numerous insurance carriers. Just like when shopping for any other important item, it’s always best to compare prior to making your final determination. This is where we come in. When shopping for insurance, we can help you compare dozens of plans and companies in a matter of minutes, just use our site searching tool to find reviews on your preferred carrier. This way, you can compare pricing and coverage amounts without having to apply with each individual insurer. Regardless of your age or health, it’s important that you get the insurance coverage that your family will need. You can start comparing quotes from the best life insurance companies by clicking your state above. No matter where exactly you are in your 50s, you can definitely get a policy that meets your needs. Planning for your eventual death is not a fun task, but it’s one of the most important things that you can do for your family or loved ones. Do People Over the Age of 50 Still Need Life Insurance? You may be wondering if people still need life insurance coverage once they’re in their 50s. After all, life insurance coverage is geared to people who need income replacement during their working years, as well as those with children and other dependents at home. By the age of 50, you should be winding down your working years, and it’s possible your kids have moved out to begin their adult lives. Why would you need life insurance at this point? The thing is, consumers can easily need life insurance at any age, and this includes those who are over 50. Although your children may be grown and are no longer depending on your income for their living expenses and needs, there