Does Life Insurance Over 90 Worth It?

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  • Post last modified:October 30, 2023

If you’ve ever wondered about the value of insurance over the age of 90, now is the perfect moment to explore the myriad of benefits it offers.

Yes! It Worth!

There are a couple of insurance solutions available for seniors over 90, giving them the power to choose the insurance policies that best suit their needs and preferences.

Moreover, the loved ones of the seniors can also choose to secure a premium for them, ensuring assistance with the expenses of burial and funeral arrangements.

Therefore, it actually means that both life insurance for seniors over 90 and burial insurance are all worth to an individual.

Does Life Insurance Over 90 Worth

What Are The Benefits Of Life Insurance Over 90?

Apart from financial security and peace of mind, life insurance over 90 also offers the following benefits:

  • Helps with outstanding bills and debts: Life insurance can cover any outstanding bills or debts that a senior may have, relieving their loved ones from taking on this burden.
  • Provides for final expenses: As mentioned before, life insurance can help cover funeral and burial expenses, which can be quite costly. This ensures that the senior’s final wishes are carried out without causing any financial strain on their family.
  • Leaves a legacy: With life insurance, seniors can leave behind a tax-free lump sum to their beneficiaries. This serves as a way for them to leave a lasting impact and provide for their loved ones even after they’re gone.
  • Can be used for charitable donations: Seniors can also choose to name a charitable organization as their beneficiary, ensuring that they leave behind a legacy of giving and helping others.
  • Offers peace of mind: Knowing that they have a life insurance policy in place can bring seniors peace of mind, knowing that their loved ones will be financially secure after they’re gone.

What About Burial Insurance Over 90?

As for burial insurance, the benefits include:

  • Ease of qualification: Unlike traditional life insurance policies, burial insurance does not require a medical exam or extensive underwriting. This makes it easier for seniors over 90 to qualify for coverage.
  • Affordable premiums: Burial insurance typically has lower premiums compared to other types of life insurance, making it more accessible for seniors on a fixed or low income.
  • Customizable coverage: Seniors can choose the amount of coverage they want and tailor their policy to fit their specific needs.
  • Fast payout: Burial insurance policies usually have a quick payout process, ensuring that funds are available soon after the claim is made. This allows for timely funeral and burial arrangements without added financial stress.

Is It Expensive To Insure Over 90 People?

To be honest, yes it is. Insurers take on a higher risk when insuring seniors over 90, which is why premiums may be higher compared to younger age groups. However, the benefits of having insurance at this stage in life far outweigh the cost. It provides peace of mind and financial security for both the seniors and their loved ones.

Moreover, there are ways to make insurance more affordable for seniors over 90. This includes choosing a burial insurance policy or opting for a limited coverage term rather than a whole life insurance policy.

Where To Find?

If you’re interested in obtaining life insurance or burial insurance for seniors over 90, there are several options available. Some insurance companies specialize in providing coverage for seniors, while others offer policies that cater to this age group. It’s important to do your research and compare different options to find the best fit for your needs and budget.

You can also seek guidance from us and we can help you find the right insurance solution for your specific situation. Remember, it’s never too late to secure financial protection and peace of mind for yourself and your loved ones. Explore your options today and make an informed decision.

Is There Any Alternative To Life Insurance At This Age?

Aside from life insurance and burial insurance, there are other options available for seniors over 90 looking to secure financial protection. One alternative is a pre-need plan, which allows individuals to prepay for their funeral expenses and arrangements.

However, unlike life insurance, these plans do not provide a payout to beneficiaries. It’s also important to note that these plans may have limitations and restrictions, so it’s essential to carefully review the terms before making a decision.

Another option is long-term care insurance, which provides coverage for senior citizens who require assistance with daily living activities. This can include nursing home care or in-home care services. However, like life insurance, premiums for long-term care insurance may be higher for seniors over 90.


A well-structured policy that is built on life insurance is better protection for your family. It is true that the circumstances of each family vary from one family to another, but even if this is the case, it is important to ensure that no matter what happens, there is a great coverage plan to reduce the burden of the family. With the benefits that life insurance provides, it is worth it for the individual over years of age.

Linda Chavez

I'm a burial & senior life insurance expert, independent agent, Founder & CEO of Seniors Life Insurance Finder. I have been working in this sector since 2004 and established my own company in 2014. I have a team of seven members, and we are trying hard to share the knowledge we've gathered. We know how difficult often it is to find an affordable policy. Hence, we are doing our best to help you.