Short Summary

At 68, finding affordable life insurance felt like navigating a maze blindfolded. I compared over a dozen major companies across three categories: term life insurance quotes for over 60, life insurance quotes over 50 no medical exam, and life insurance for senior citizens over 60. The pricing differences were shocking — hundreds of dollars apart for the same coverage. In this article, I break down exactly what I found, which three companies consistently came out on top, and how you can get the best rate for your specific situation without being taken advantage of.

TL;DR – Quick Summary

The bottom line? Shopping around at 68 is absolutely worth it — some companies charged 3× more for identical coverage. The three winners above offered competitive pricing, solid financial ratings, and didn’t make me feel like I was being squeezed just for being over 60. Read on for the full breakdown.

Term Life Insurance Quotes for Over 60 – What Are the Best Rates I Actually Found?

Real numbers · No fluff

I’ll be honest with you — when I first started searching for term life insurance quotes for over 60, I was bracing for bad news. Everyone told me the same thing: “It gets expensive after 60.” And sure, it’s not cheap. But expensive is relative. The spread between the cheapest and most expensive quote I received for the same $250,000 policy was over $180 per month. That’s $2,160 a year in wasted money if you pick the wrong company.

I’m a 68-year-old male, non-smoker, in reasonably good health. I carry some managed high blood pressure — nothing unusual. Using those parameters, I went through the process of getting real quotes from 12 companies. Some online, some through brokers, some through that exhausting phone-call process where they put you on hold twice and try to upsell you something you didn’t ask for.

Here’s what I found for a 10-year term, $250,000 coverage as a 68-year-old male, non-smoker:

*Quotes based on 68-year-old male, non-smoker, standard health, $250,000 / 10-year term. Rates vary by state and individual health profile.

One thing I want to flag: term life after 68 gets tricky. Most companies cap term availability at age 70, and some won’t issue a new 20-year term at all. If you’re 68 right now, a 10-year term is your most realistic option. If you need coverage that lasts into your 80s, you’ll want to look at whole life or guaranteed universal life (GUL) instead — which I also cover below.

Also, check out my deeper dive on term rates: Term Life Insurance Quotes for Over 60 in 2026: I Compared 12 Companies, These Are the Cheapest.

Life Insurance Quotes Over 50 No Medical Exam – Are the Fast & Easy Options at 68 Worth It?

No exam · Instant approval · Real trade-offs

This was the category I was most curious about — and honestly, the one I got the most questions about from friends my age. Nobody wants to schedule a paramedical exam. Nobody wants a nurse showing up at their house at 7 a.m. to draw blood. So when companies advertise life insurance quotes over 50 no medical exam, it sounds like a dream.

The catch? You almost always pay for the convenience. No-exam policies at 68 typically cost 20–40% more than fully underwritten policies. But for some people — especially those with health conditions that would hurt their underwriting classification — going no-exam can actually save money, because the insurer can’t see the details that would spike your rate.

Here’s how the no-exam options stacked up:

*Coverage amounts and rates vary. Most no-exam policies at 68 are capped between $10,000–$50,000. Globe Life’s $100K cap is rare for no-exam at this age.

My personal pick in this category was Mutual of Omaha’s Living Promise whole life policy. It’s genuine no-exam coverage (they ask health questions but no blood draw), the approval came back same-day, and at $25,000 face value it covers funeral and final expense costs cleanly without over-insuring.

For a more detailed breakdown of no-exam options, I wrote a separate article: I Got Life Insurance Quotes Over 50 No Medical Exam at Age 68 – These 5 Companies Approved Me Instantly.

Best Life Insurance for Senior Citizens Over 60 – What Does My Full Comparison Actually Show?

When you’re looking at life insurance for senior citizens over 60, the conversation is more nuanced than just “who’s cheapest.” At this stage of life, you’re not usually buying a 30-year term to protect a young family. You’re thinking about: covering final expenses, leaving something behind for your spouse, maybe paying off a remaining mortgage balance, or giving your kids a modest inheritance without the mess of probate.

So I approached my comparison with those use cases in mind. I rated each company across five categories that actually matter at 68:

Final Expense / Burial Insurance at Age 68 – Which Policies Actually Pay Without the Runaround?

Let me be straightforward about this: burial insurance is life insurance with a smaller face value, usually $5,000–$25,000, specifically marketed toward covering funeral and end-of-life costs. It’s not a scam. But it is heavily marketed toward seniors in ways that can border on predatory.

The average funeral in the United States now costs between $8,000 and $12,000. If you don’t have that money sitting in a savings account earmarked for it, your family will feel that burden. Final expense insurance fills that gap — and when it’s priced right, it’s genuinely useful coverage.

Here’s my breakdown of the best final expense / burial insurance options at 68:

For my deep-dive comparison on this topic, see: Best Final Expense Insurance for Seniors Over 60 – I Compared Every Major Company So You Don’t Pay Too Much.

The Top 3 Winners That Destroyed the Competition at Age 68 – Here’s Why They Won

How to Get the Best Quotes for Yourself Right Now – My Step-by-Step Process

I made several mistakes before I figured out the right way to shop. Here’s the streamlined process I wish I’d followed from the start — use this and you’ll save yourself at least two weeks of confusion.

Frequently Asked Questions – Real Questions I Had (and Answers I Wish I’d Had Earlier)

Final Thoughts – My Honest Recommendation for 68 Year Olds

I started this process feeling overwhelmed and vaguely anxious — the way most of us feel when forced to confront our own mortality through spreadsheets and phone calls with strangers. Six weeks later, I feel something I didn’t expect: genuine peace of mind. Not because I found the perfect policy, but because I made a decision with full information.

Here’s my honest summary of what I’d tell a friend:

At 68, the biggest mistake isn’t buying the wrong policy — it’s buying nothing at all and leaving your family to figure it out without you. That’s the regret I was most trying to avoid. Whatever you decide after reading this, make a decision. Act on it. The best policy is the one that’s actually in force.

And if you want to keep researching, here are my other detailed guides in this series: