Life Insurance at Age 69: 4 tips to get the best rates

At TermLife2Go, we focus on ranking the top life insurance companies in order to help our clients find the top life insurance rates by age in the marketplace. Let us use our expertise to help you find the best life insurance policy for you, based on your unique health and lifestyle. Call us today for a free consultation.

Life insurance age 69 (sixty-nine).

If you’re shopping for life insurance at age 69 or your existing policy is going to be expiring in the next 4 or 5 years, then you really need to keep reading, because as a 69 year old looking for life insurance, things can become complicated quickly!

For example, at age 69:

Not all insurance companies are going to be willing to offer all the same products for life insurance in your 60s that you may be familiar with, i.e.: 30 year term life insurance policies or return of premium life insurance policies will most likely not be available for someone looking for life insurance at age 69.

Some insurance carriers will also place additional underwriting requirements in order to obtain the best rate classes for those applying for life insurance at age 69 such as:  “When did you last see your primary care physician?”

Sixty nine year old’s who are applying for life insurance may also find that qualifying for larger policies, especially if you are looking for a million dollar life insurance policy or more, may become more difficult based on ones current employment status:

  • Are your retired?
  • Are your receiving a pension?
  • What would the “financial” loss to the family be in the event of your death?

These, plus dozens of other “factors” may come into play when a 69 year old applies for life insurance.  This is why you’ll need to use every trick in the book and have access to dozens of different insurance carriers why applying for life insurance as a 69 year old in order to ensure that you:

First, find the coverage that you’re looking for


Second, don’t pay too much!


With that being said, let’s take a quick look at few important things you need to know before you make any decisions.

Life Insurance at Age 69: Find the Best Rates

This article will cover the following topics:

#1.  Get it now!

Age is typically going to be the number one factor determining the premium that an applicant buying life insurance at age 69 will pay.  So today really is the cheapest your insurance is going to ever be for you.  So don’t delay!

***Now it should be noted that in some cases delaying getting coverage may make sense, for example:

  • You are currently trying to stop smoking and need to wait a year to get non-tobacco rates.
  • You need to wait a year to clear up a DMV issue.
  • You have a pre-existing medical condition that may require a waiting period before a life insurance company will underwrite you.
  • For those who have a serious health condition, please visit our article covering the best final expense and burial insurance companies.

However, for most getting life insurance as a 69 year old, waiting only means one thing: your policy is going to cost more when you finally do decide to take the next step and apply.

#2.  Don’t let the price tag scare you!

A lot of clients in their late 60’s will have been quoted some outrageous price for life insurance and immediately think that they’ve waited too long and there’s no hope for them.  No while it’s true that life insurance at age 69 is going to be more expensive than at age 39, it doesn’t mean that it’s completely unaffordable.
So be sure that when you are ready to buy, that you find an agent that:

  • Listens to your needs.
  • Understands you goals.
  • Is aware of your budget.
  • And works with a wide range of different carriers and products.
  • See Estate Planning and Life Insurance

Sample Life insurance quotes for 69 year old male

Quotes based on a preferred plus rate class for a 10, 15, and 20 year term and a Guaranteed Universal Life to age 121

Face Amount
10 year
15 year
20 year
GUL to 121


Sample Life insurance quotes for 69 year old female

Quotes based on a preferred plus rate class for a 10, 15, and 20 year term and a Guaranteed Universal Life to age 121

Face Amount
10 year
15 year
20 year
GUL to 121


We at TermLife2Go understand that now that you’re in your late 60s your insurance needs have probably changed so give us a call for a free consultation.

#3.  Not all Insurance Carriers are the same!

This is particularly true for clients in their late 60s.  As a consumer, it’s important to know that each insurance company has its own rules and guidelines that it will use when underwriting an application.

Some insurance companies may have use very strict guidelines when it comes to certain preexisting conditions while other carriers may not be concerned about them at all.  This is why it’s really important to know which carrier to use and why when looking for senior life insurance at age 69!

Which brings us to our next point…variety is the key to saving money!

#4.  Find someone that is working for you, not the insurance company.

In order to get the best rates on life insurance at age 69 you need options. With so many options to choose from and so many different carriers competing for your business, it’s key for you to work with an agency that is not bound to any one specific life carrier.

You need to be sure that your agent can shop your application to dozens of different life insurance carriers forcing them to compete for your business. That is the only way you are going to find a 69 year old life insurance friendly company that will offer you the best price on life insurance.

Only by choosing to work with an agency that represents multiple life insurance carriers can you ensure that you are getting the best policy to protect you and your family.  After all…

Doesn’t it make sense to work with an agency whose sole focus is you?

Totally confused?…. Don’t be, this is where TermLife2Go steps in. As an independent agency, our agents are committed only to you and your family.  Our main goal is to help guide you through the process of:

By working directly with TermLife2Go you will have an assigned agent dedicated to your application.  This agent will be available to you throughout the entire application process; he or she will provide you with status updates as your application goes through underwriting and will also review your application at time of approval to ensure that you are still getting the best deal out there!


We’d like to take a moment and acknowledge that age 60, sometimes, life insurance isn’t SUPER easy to qualify for.  Plus, depending on how much insurance you’re looking for, it can also be pretty expensive.  We get that!

And while…

We would all love to be able to purchase a 100 million dollar term or whole life insurance policy for our loved ones, the truth is for many of us, having that “amount” of discretionary income simply isn’t available.  Particularly if you’re currently nearing retirement or you’re already “working” with a fixed budget!

This is why…

We’ve also chosen to write several articles sharing some of the knowledge that we have acquired over the years working with 1000’s of clients concerning how they make a living.

You see…

Just about every time we complete a life insurance application for one of our clients, one of the first questions that we have to ask is:

“what do you do for a living?” and “what would you estimate your annual income as?

Which means that over the years, we’ve become really familiar with a wide range of different career paths and opportunities that a person can take.  We’ve also been AMAZED at how many “so called” retires go on to take advantage of many the new part time employment opportunities that seem to be available now due to the ever growing “GIG” economy.

And since…

Our number one goal here at TermLife2Go is to help individuals and families secure their own financial security and independence, we wanted to share with you what we’ve learned.

So, after you’ve had a chance to visit our Life Insurance Quotes page feel free to check out our 100 Ways to Make Money Fast and our Top 23 Apps That Will Make You Money.

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