Can An 86 Year Old Get Life Insurance? [No Exam Needed]

Can you purchase life insurance for 86 year old seniors?

It’s never too late to start planning for your future and purchasing whole life insurance is a good way to do this. You may think that buying life insurance at 86 years old would be difficult but there are many companies that will work with someone of any age.

The first step is to figure out how much life insurance or end of life expenses coverage you need, then compare quotes from various different companies and choose the one that best suits your needs.

Once you’ve purchased the policy, you’ll want to make sure everything is set up correctly so if something happens in the future, all of your affairs will be taken care of as smoothly as possible.

This is what we will explain in this article.

Can you get life insurance at age 86

Do you know that 86 year olds can get whole life insurance?

Some websites try to tell us otherwise, but they’re lying or ill-informed. Now term life insurance is not available over 80 years of age. But, we have final expense insurance up to age 90.

Final expense coverage is just a small policy with lenient underwriting and limited benefits options – nothing more than marketing speaking!

If you’re shopping for simplified issue whole life insurance, be sure to look into whole-life policies. These plans have so many advantages and come with a guarantee: they’ll never expire because your senior doesn’t age as he or she would otherwise!

The life insurance coverage is there no matter what happens in the future – accidents will not decrease; premiums cannot increase (unless by law); as long as that person has paid their premium continuously throughout his/her lifetime.

So if you are looking for burial insurance for a parent at age 86, you need to talk to us!

Best Life insurance for seniors Over 80

The majority of life insurance options are still available to seniors over 80, such as universal, burial, and whole life insurance policies.

Permanent life insurance policy is much more affordable life insurance for seniors over 80 years of age. Aside from that, there are policies that do not require a medical exam for seniors over 80 years old.

In contrast, if you’re healthy and willing to take an exam, you’ll have more coverage options.

The life insurance company where you apply, your age, and your health will determine how much it will cost, and what kind of exam you need to take.

Whole Life Insurance

A whole life policy does not expire, does not require a medical exam, and becomes effective within hours. It takes your money as premiums and builds a cash value.

Investing in mutual funds, money market accounts, and stocks is not guaranteed, so you never have to guess or wonder how your money will grow every year.

Interest rates will grow your money, so you do not have to guess or wonder. Life insurance like this is perfect for people 85 and older because it depends on compound growth. Even so, these investments are too risky for older people since their money has to grow every year.

Permanent life insurance coverage are limited to $25,000 or less, do not medical conditions and exam, and are guaranteed to be approved once you meet the policy’s age requirements.

Burial, Funeral, Final Expense Insurance

A burial insurance policy is the same thing as a funeral insurance policy. The purpose of a burial insurance policy is to cover funeral costs after a person passes away.

These are essentially whole life insurance plans with a few specific rules. They are called final expense insurance by insurers because they only cover final expenses of $9,600 and more. As a matter of fact, none of these plans require a medical exam life insurance or waiting period. You won’t find any final expense insurance policy that covers a lot like an ordinary policy.

Universal Life Insurance

A third option for seniors is guaranteed universal life insurance, which costs more than whole life insurance. However, it can provide more savings for seniors, which is a deciding factor.

A universal life insurance policy comes with a minimum interest rate, unlike other plans that fluctuate in interest. It is also convenient, in addition to being flexible.

Universal insurance for the elderly is also great because it allows you to get loans on insurance if you’re over 85 years old. You can adjust your policy to fit any changes in your insurance needs.

You can get a guaranteed issue life insurance policy at any stage of your life, regardless of your age or health background. It is a purely guaranteed acceptance policy. Although they are expensive, the life insurance industry uses them to churn customers.

You can purchase guaranteed acceptance life insurance without waiting if you’re worried about your medical status or age.

Do I need to wait 2 years For Policy To Pay

That’s a Great Question!

No, you don’t need to wait 2 years for the policy to pay out if you are healthy and with minor health issues. Even if you had a heart attack over 2 years ago we can get you coverage.

The whole point of having whole life insurance is that it pays out when you die.

As long as you’re still alive, if you buy life insurance the premiums are going towards keeping the policy in force so that your loved ones will be taken care of financially when you do eventually die.

By doing so, you can ensure your family isn’t left with medical bills, income taxes, and utility bills after your insured’s death.

No waiting period life insurance policies are available to people who qualify for it. But, even if you have diabetes or high blood pressure and even past heart attacks or strokes then this type of life insurance policy can be yours if you qualify!

You just need an agent that will determine within 60 seconds whether they think your application’s eligible for immediate no-wait protection – give us a call at 1-855–380- 3300 (toll-free) day/night 24 hours per day 7 days a week).

Average Cost For Life Insurance At Age 86

Final expense life insurance for 86 year olds can be as low as $2,000 or it could go up to 25K.

It all depends on your gender and how healthy you are in comparison with other people of the same age group – which has an impact on their life expectancies too!

To see if you qualify for the rates below, CLICK HERE, fill out the prequalification health questionnaire and we will email you a preapproval offer for the best option.

Life insurance for 86 year old female

Female Non Tobacco User

Apply Age$5,000$10,000$20,000

Female Tobacco User

Apply Age$5,000$10,000$20,000

Life insurance for 86 year old male

Male Non Tobacco User

Apply Age$5,000$10,000$20,000

Male Tobacco User

Apply Age$5,000$10,000$20,000

Our Best Life Insurance Companies For Age 86

I often get calls from people asking if they can buy life insurance for their grandparents, but there are only a few companies in the USA that will do this.

We here at think it is time to let you know about all of your options – so just keep reading!

As noted below, when purchasing a new policy above 85 years old one cannot go through an agent directly with anyone carrier; rather it must be done via an independent insurance agency representing these carriers like ourselves (855-380-3300 x 4).

As well as being able to offer a life insurance policy up until age 90 our rates start out lower than most providers and have no initial waiting periods either because we accept same-day application submissions without needing extra documentation!

Here are our top carriers for age 86:


If you are healthy and looking for life insurance at age 86 then this is the one for you.

They have three plans, Level, Graded, and Modified benefit plans. The level plan is all that is available for age 86.


  • Issues ages: 45-89
  • Minimum benefit amount: $2,000
  • Maximum benefit amount over 85: $25,000
  • Available in every state but NY, MA
  • No waiting period, Immediate coverage
  • Instant approval while on phone


Level (Preferred/Standard)

  • Issues ages: 40-89
  • Minimum benefit amount: $2,000
  • Maximum benefit amount over age 85: $25,000
  • Has Preferred and Standard Rate Class
  • Available in every state but NY, MA
  • No waiting period, Immediate coverage
  • Instant approval while on phone, Security question signature

It Covers COPD without oxygen with immediate coverage. Minor health issues as well. Only looks back 1-2 years for major health issues.

Guarantee Trust Life (GTL)

Graded Benefit

  • Issues age: 40-90
  • Minimum death benefit: $2,500
  • Maximum death benefit over 85: $10,000
  • Graded death benefits, (Death Benefit in year 1 is Premiums Paid plus 5%, Death Benefit in year 2 is 50% of the face amount, Death Benefit in year 3 is 100% of the face amount)
  • Pays FULL death benefit day one due to accident
  • Simple application, 6 questions, instant approval

This is a great option for people with recent health issues as it pays 50% of the death benefit in year two when no others would. In addition, using tobacco such as cigars or cigarettes will be the same rate as non-smokers.

Do I need a medical test to qualify for Burial insurance for Seniors over 80+?

No. There is no medical test required to qualify for burial insurance for seniors over 80+.

You only have to answer a few basic questions about your health when applying for funeral insurance.

You won’t need to submit any medical documents or blood or urine samples throughout the application procedure. The insurance provider will usually give you an official approval in minutes!

How Can I Apply For Life Insurance At Age 86

Luckily, is able to help you with all your insurance needs.

The first thing we want our clients to know though is that they must find an agency representing Aetna, CVS Health, or Guarantee Trust Life – no one directly employed by the company themselves!

Call us today if this sounds like something for which guidance would be beneficial

Application process:

The insured will answer health questions (there is no exam required).

With verbal authorization to apply, we’ll submit it and get approval or decline within a few mins – days!

Once approved by underwriting, we typically mail out physical copies of policies immediately so your life insurance coverage can begin on whichever day you want payments started at once. That’s all there really is to this- simple as that!


Most people don’t purchase life insurance until they are in their 50s or 60s because it is a long-term investment. However, sometimes opportunity comes knocking at the door and you have to answer quickly.

You may be shocked by how much your life insurance policy will cost if you wait too long!

Life Insurance Quotes from can provide quotes for those who need them regardless of age so that there is no worry about being turned down due to age.

Don’t procrastinate any longer – get your quote today!

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