Life Insurance Over 80 No Medical Exam Only 1 Type

Yes you can get life insurance over 80 with no medical exams however the best & only option available to you is burial insurance for seniors over 80(final expense life insurance). These are the only life insurance plans with no medical exams for seniors over 80.

The only type of term life insurance with higher coverage amounts you can get would be a 10 year term policy from Mutual of Omaha that requires a full medical exam.

Final expense insurance is simplified issue whole life insurance or guaranteed issue whole life insurance. 

Both have no medical exam but simplified plans have health questions with medical & prescription history checks but no waiting periods for policy payout if you are approved.

Guaranteed issue plans have no health questions but come with an automatic 2 year waiting period before policy payout.

If you want to make sure your policy pays out quickly to your loved ones so they can pay your end of life expenses you must apply for a simplified issue whole life insurance plan.

The only way to buy this type of coverage is by working with a life insurance agent that represents a company that is accepting of your health conditions if you have any.

This article will go over the best coverage, costs, buying coverage for others & the best companies to apply with.

What is the Best Life Insurance Over 80 with No Medical Exam?

The best life insurance over 80 with no medical exams is simplified issue whole life insurance for seniors(final expense insurance).

This is because it has no waiting periods for policy payout to your beneficiary when you die. If you die the day after your first premium payment the policy will payout in full to your beneficiary.

In addition to this it is the best life insurance for seniors because seniors usually develop health conditions with age that final expense plans will accept within reason.

As for traditional life insurance policies this results in denial from many traditional life insurance offers depending on the health issues. 

Most importantly final expense insurance for seniors over 80 is the only type of plan available with no medical exams.

You will never find a universal life insurance or term life insurance for seniors over 80 offering no medical exam coverage period. 

Finally even if you have severe health conditions like Dementia, HIV, Cancer etc. you can still be approved for guaranteed issue life insurance over 80 with no medical exam.

These policies are a last resort however coverage is guaranteed and if it is the only policy you can get it is better to have something rather than nothing to protect your family from your burial and funeral expenses.

Remember guaranteed issue coverage always has an automatic 2 year waiting period. There is a return of premium feature built into these plans that does pay back the premiums paid into the policy plus interest if death occurs within the waiting period.

There is also an accidental death benefit that pays out the policy in full if death occurs from accident within the waiting period.

So you still get something regardless of the waiting periods if this is the only type of life insurance you qualify for.

Life Insurance Over 80 No Medical Exam Coverage Limitations

Now coverage amounts are limited to $1,000 – $50,000 and final expense insurance is more expensive than traditional plans that require medical exams.

That being said this is also your only option for no medical exams if you are age 80 or older.

The peace of mind you receive is well worth the monthly premium knowing if you die suddenly the final expenses are paid for.

Cost of Life Insurance Over 80 With No Medical Exams

Now the cost of life insurance over 80 with no medical exams is determined by age, health, gender and life style of the insured.

This means the older you are the higher the life insurance company premiums will be. The average cost of life insurance over 80 no medical exam is going to be over $130-$180 monthly on average for seniors between age 80-85.

This would be for the lowest rates of healthy applicants. Below is a table listing the price of this life insurance option for 80 years old and older. 

Age	$10,000 Male Non Smoker	$10,000 Male Smoker	$10,000 Female Non Smoker	$10,000 Female Smoker
80	$129.52	$171.23	$93.41	$125.01
81	$139.73	$181.75	$98.43	$135.14
82	$149.95	$192.98	$106.21	$147.04
83	$160.16	$204.65	$113.96	$160.56
84	$171.02	$219.19	$121.31	$170.76
85	$181.88	$237.28	$128.55	$179.58
86	$192.74	$257.57	$135.90	$192.35
87	$236.25	$337.32	$171.33	$237.32
88	$276.68	$353.99	$205.98	$253.99
89	$317.10	$370.65	$240.63	$278.99

Your Needs Determine if it is Worth it

Your needs are what is going to determine if funeral insurance is right for you or your loved one. If you do not have any money saved up to pay the funeral, burial, debts and any other final expenses then this permanent life insurance coverage is your best option.

The NFDA reports that a burial costs $7,848 and that is just a median cost. Do you have $7,848 or more saved up for a funeral? If you don’t are you willing to risk attempting to save that money knowing you or your loved one could die at any moment?

Life insurance answers those questions and fills that gap so your family is protected incase of sudden death.

In addition to this are you or your loved one sick with some health conditions or need the policy approved quickly? Then get a type of policy that does not make you take a medical exam.

If those are all the concerns or questions in your mind then yes, life insurance over 80 no medical exam coverage is worth it.

Do You Even Need Life Insurance Over 80 No Medical Exam?

If you have money through your estate or money saved up for funeral and end of life expenses then no you may not need life insurance at this age.

However if you do not have money through your estate or savings or even if you want to leave some sort of inheritance to your loved ones as a gift then yes you need to buy life insurance.

Can You Get Life Insurance for Someone Else Over 80?

Now if you are looking for coverage for a family member then yes you can purchase life insurance for someone else.

You must have insurable interest as well as their consent to medical & prescription history checks. They must be present with you during the time of application.

You cannot get a burial policy for seniors without them knowing about it. As long as you have consent from the person you are buying coverage for(usually family members) you can buy life insurance for siblings, parents, or grandparents and more.

Should you Buy Life Insurance Over 80 No Medical Exam For Someone else?

If you know you will be responsible for paying their final expenses then yes you should buy life insurance for them.

Any other avenues of paying for end of life expenses(saving money, pre-need plans etc.) for a loved one will not work in the event of sudden death.  

Best Life Insurance Over 80 No Medical Exam Companies

We will list the best companies that offer life insurance for seniors over 80 years old. Each of these companies offer whole life insurance policies.

Mutual of Omaha

Mutual of Omaha life insurance for seniors over 80 is the best no exam life insurance considering their competitive pricing and liberal underwriting.

Now they do require better health from applicants compared to Prosperity or American Amicable but they are also cheaper.

	Age Eligibility	Policy Brochure
★★★★★	45-85	Brochure
Policy Features & Benefits	Type of Policy: Whole Life(Lifetime Coverage)	Waiting Period: Graded Plan(yes) Level Plan(no)
	Death Benefit Amounts: $2,000-$50,000	Level Death Benefit(Death Benefit Never Decreases)
	Available States: All Except NY	Level Premiums(Premiums Never Increase)
	Cash Value Builds in Policy	No Medical Exams Required
Accelerated Death Benefit Rider	Allows the insured to access a portion of the policy’s death benefit while alive for various needs such as medical bills, living expenses, and funeral expenses.
Eligibility	Applicable when the insured is diagnosed with a terminal illness (12 months to live) or has been confined to a nursing home for more than 90 days without the expectation of leaving.
Inclusion	Automatically included in the policy at no extra cost.
Accidental Death Benefit Rider	Provides an extra death benefit equal to the policy’s death benefit in case of death resulting from an accident.
Inclusion	Requires an additional charge to be added to the policy.

Prosperity

Prosperity will approve applicants with Congestive Heart Failure if there have been no complications or medications needed for over 2 years. Most insurance agents do not know this and will classify CHF as a condition only for guaranteed issue coverage.

We are more experienced and can get you covered if you have CHF with Prosperity New Vista.

	Age Eligibility	Policy Brochure
★★★★★	55-80	Brochure
Policy Features & Benefits	Type of Policy: Whole Life(Lifetime Coverage)	Waiting Period: Graded & Modified Plans(yes) Level Plan(no)
	Available States: All Except SC,SD,CT,MT,NY,ND	Level Premiums(Premiums Never Increase)
	Cash Value Builds in Policy	No Medical Exam Required
	Death Benefit Amounts: $5,000-$35,000	Level Death Benefit(Death Benefit Never Decreases)
Accelerated Death Benefit Rider	Allows the insured to access the policy death benefit in the event of a terminal illness, providing funds for various needs such as living expenses or early funeral expenses.
Accidental Death Benefit Rider	Doubles the policy payout if death is a result of an accident, operating similarly to other accidental riders.

Transamerica

Transamerica is good for Obese applicants because they do not have any height or weight requirements. They are also very competitive with Mutual of Omaha on their rates both policies are within a few cents of each other on average.

	Age Eligibility	Policy Brochure
★★★★★	45-85	Brochure
Policy Features & Benefits	Type of Policy: Whole Life(Lifetime Coverage)	Waiting Period: Graded Plan(yes) Preferred & Standard Plans(no)
	Available States: All States	Level Premiums(Premiums Never Increase)
	Cash Value Builds in Policy	No Medical Exams Required
	Death Benefit Amounts: $2,000-$50,000	Level Death Benefit(Death Benefit Never Decreases)
Accelerated Death Benefit Rider & Nursing Home Confinement	Pays the full death benefit if the insured experiences a terminal illness or is confined to a nursing home.
Accidental Death Benefit Rider	Pays an additional coverage amount equal to the face amount for ages 18-70 in the event of death due to an accident. The policy payout doubles, e.g., a $15,000 policy becomes a $30,000 payout to the beneficiary.
Children & Grandchildren Benefit Rider	Offers coverage between $1,000 – $5,000 for children aged 15 days – 18 years, with a maximum of 9 children covered. The coverage can be converted when the child becomes an adult.

American Amicable

American Amicable is great for cigarette or cigar smokers because they offer the lowest tobacco rates compared to any other life insurance company. Both Mutual of Omaha and Transamerica will give you much higher rates if you smoke but American Amicable will not.

	Age Eligibility	Policy Brochure
★ ★ ★ ★ ★	50-85	Brochure
Policy Features & Benefits	Type of Policy: Whole Life(Lifetime Coverage)	Waiting Period: Immediate Benefit Plan(No) Graded & ROP Plans(Yes)
	Available States: All Except NY	Level Premiums(Premiums Never Increase)
	Cash Value Builds in Policy	No Medical Exams Required
	Death Benefit Amounts: $2,000-$50,000	Level Death Benefit(Death Benefit Never Decreases)
Terminal Ilness Accelerated Death Benefit Rider	Allows the insured diagnosed with a terminal illness to use the entire policy death benefit (100%) for any purpose. If you have a $10,000 policy and are diagnosed with a terminal illness, you can access the full $10,000 for various needs.
Accelerated Death Benefit Rider Confined Care	Provides 5% of the death benefit in monthly payments if the insured is confined to a nursing home 30 days after the policy starts. Can be used for monthly bills or other smaller expenses.
Grandchild Rider	Offers $5,000 life insurance coverage per unit for a grandchild or great grandchild, with a maximum of 2 units totaling $10,000 in coverage. Costs an additional $1.00 on the monthly policy premium per unit for each grandchild.
Children’s Insurance Agreement	Provides up to $6,000 in coverage for each child below age 25. Can be converted to a whole life or endowment policy when the child is over 25. Allows coverage up to 5 times the coverage amount, totaling $30,000, without demonstrating insurability.
Nursing Home Waiver of Premium Rider	Waives premium payments on the policy if the insured is confined to a nursing home for over 90 days, making the insurance essentially free.
Accidental Death Benefit Rider	Doubles the death benefit payout if the insured or loved one dies from an accident, with no additional cost to be added.

Aetna

Aetna will approve you for their Standard Plan(no waiting period but more expensive than preferred plan) if you have COPD diagnosed over 2 years ago with no on going medications or complications.

They are more expensive than Mutual of Omaha, Transamerica and American Amicable but they are great for applicants with this health issues and others.

	Age Eligibility	Policy Brochure
★★★★★	40-89(Preferred & Standard Plans) 40-75(Modified Plan)	Brochure
Policy Features & Benefits	Type of Policy: Whole Life (Lifetime Coverage)	Waiting Period: Preferred & Standard Plan(No) Modified Plan(Yes)
	Available States: All Except NY	Level Premiums (Premiums Never Increase)
	Cash Value Builds in Policy	No Medical Exams Required
	Death Benefit Amounts: $2,000-$50,000	Level Death Benefit (Death Benefit Never Decreases)
Accelerated Death Benefit Rider	Allows the insured diagnosed with terminal, critical, or chronic illness with an expected death within 12 months to access 50% of the policy death benefit for various purposes such as bills or funeral planning.
Accidental Death Benefit Rider	Pays out an amount equal to the policy death benefit for accidental death if the insured is between 40 and 70 years old.
Children’s Term Insurance Rider	Children and grandchildren aged 30 days to under 18 years old can be covered for amounts ranging from $2,500 to $10,000 each. The policy can be converted to a whole life policy for the child between the ages of 22 and 25.

Gerber

Gerber life guaranteed issue coverage is the cheapest guaranteed issue policy on the market. That being said they do not offer living benefits like American General(AIG) does.

	Age Eligibility	Policy Brochure
★★★★★	50-80	Brochure
Policy Features & Benefits	Type of Policy: Whole Life(Lifetime Coverage)	Waiting Period: Full 2 Year Waiting Period Death Within 2 Years is ROP + 10% Interest Accidental Death Within Waiting Period is Full Policy Payout
	Available States: All States	Level Premiums(Premiums Never Increase)
	Cash Value Builds in Policy	No Medical Exams Required
	Death Benefit Amounts: $5.000-$25,000	Level Death Benefit(Death Benefit Never Decreases)

Guarantee Trust Life

Guarantee Trust Life funeral policy is more expensive than Gerber but they offer a partial waiting period.

Instead of a full 2 years your family will get 50% of the policy payout after year 1 if you die and after year 2 the full death benefit is paid.

This is because there are only 5 health questions on their application making this an easy plan to qualify for.

	Age Eligibility	Policy Brochure
★★★★★	50-90	Brochure
Policy Features & Benefits	Type of Policy: Whole Life(Lifetime Coverage)	Waiting Period: Year 1: ROP+5% Interest Year 2: 50% of Death Benefit Paid Year 3: 100% Death Benefit Paid
	Available States: All Except NY	Level Premiums(Premiums Never Increase)
	Cash Value Builds in Policy	No Medical Exams Required
	Death Benefit Amounts: $2,500-$20,000	Level Death Benefit(Death Benefit Never Decreases)

AIG

American General burial insurance has higher rates than both Guarantee Trust Life and Gerber but they offer living benefits. If you get diagnosed with terminal illness you can withdraw funds from your AIG policy to use for any purpose.

	Age Eligibility	Policy Brochure
★★★★★	50-80	Brochure
Policy Features & Benefits	Type of Policy: Whole Life(Lifetime Coverage)	Waiting Period: Full 2 Year Waiting Period Death Within 2 Years is ROP + 10% Interest Accidental Death Within Waiting Period is Full Policy Payout
	Available States: All Except NY	Level Premiums(Premiums Never Increase)
	Cash Value Builds in Policy	No Medical Exams Required
	Death Benefit Amounts: $5.000-$25,000	Level Death Benefit(Death Benefit Never Decreases)

Eligibility Requirements for Final Expense Insurance

Below is a table listing the eligibility requirements for life insurance over 80 no medical exam.

Eligibility Requirement	Description
Age & Date of Birth	Your current age determines your eligibility with different policies. If you are older than age 85 for example a majority of life insurance companies will not offer you burial insurance.
Height & Weight	You current heigh and weight affect your eligibility with some life insurance companies because high risk health conditions are directly linked to obesity.
Resident State	Your resident state determines which plans are available to you. Some life insurance companies may not have their policies available in your state.
Current & Past Health History	Your health determines your eligibility for burial insurance. If you hav extreme current or a past history of health conditions such as cancer you are considered high risk and many life insurance companies may not accept you.
US Citizenship	You must be a US citizen or permanent resident to buy burial insurance in the United States. If you are a citizen of a different country you are not eligible.
Current Medications	Your current medications indicate to the life insurance company how your health is. This is how they can categorize you as a high risk applicant or not.
Criminal History	A criminal history indicates if you are a high risk. If you have an extensive criminal record life insurance companies will not accept you.

Check Your Health Condition to See if You Can Get No Waiting Periods

Use our table to check which of your health conditions may qualify for affordable life insurance to cover final expenses with no waiting period.

Keep in mind that time line is still a factor as well as any ongoing medications or treatments.

That being said this tool will give you an accurate idea of exactly which policy for seniors over 80 you should apply for.

Health Condition	Day One Coverage	Waiting Period	Best Company
ADL’s(Assistance of Daily Living Eating, Dressing, Toileting, Bathing)	Yes	No
AIDS & HIV	No	Yes
ALS	No	Yes
Alcohol Abuse	Yes	No
Alzheimers & Dementia	No	Yes
Amputation Caused by Accident (No ADLS Needed)	Yes	No
Amputation Caused by Accident(ADL’s Needed)	No	Yes
Amputation Caused by Diabetes or Disease(No ADL’s Needed)	Yes	No
Amputation Caused by Diabetes or Disease(ADL’s Needed)	No	Yes
Aneurysm	Yes	No
Angina	Yes	No
Angioplasty	Yes	No
Assisted Living Facility	Yes	No
Asthma	Yes	No
AFIB (Atrial Fibrillation)	Yes	No
Autism	Yes	No
Brain Tumer(Non Cancerous)	Yes	No
Bipolar Disorder	Yes	No
Brain Tumor(Cancerous)	Yes	No
Bronchitis (Chronic)	Yes	No
Cancer-Must have occured and been cured over 2 yeas ago with no further complications or medications	Yes	No
Coronary Bypass Surgery	Yes	No
Cardiomyopathy	Yes	No
Cerebral Palsy	Yes	No
COPD Chronic Obstructive Pulmonary Disease	Yes	No
Circulatory Surgery	Yes	No
Cirrhosis	Yes	No
Congestive Heart Failure	Yes	No
Cystic Fibrosis	Yes	No
Defibrillator	Yes	No
Depression	Yes	No
Diabetes(Without Complications)	Yes	No
Diabetes(With Complications)	Yes	No
Dialysis	No	Yes
Down Syndrome	Yes	No	SBLI
Drug & Alcohol Abuse	Yes	No
Emphysema	Yes	No
Heart Attack	Yes	No
Heart Disease	Yes	No
Obesity & Under Weight	Yes	No
Hepatitis C	Yes	No
Hospitlization(Current)	No	Yes
Huntington’s Disease	Yes	No
Kidney Disease Stage 1 – 3	Yes	No
Kidney Disease Stage 4 – 5	Yes	No
Lupus (Systemic)	Yes	No
Multiple Sclerosis	Yes	No
Muscular Dystrophy	Yes	No
Organ Transplant	No	Yes
Oxygen Tanks	No	Yes
Oxygen Concentrator	Yes	No
Pacemaker Implant	Yes	No
Pancreatitis	Yes	No
Parkinson’s Disease	Yes	No
Pending Surgery	No	Yes
Schizophrenia	Yes	No
Scleroderma	Yes	No
Seizures	Yes	No
Sickle Cell Anemia	Yes	No
Sleep Apnea	Yes	No
Stroke	Yes	No
Stent	Yes	No
TIA Mini Stroke	Yes	No
Tumor Cancerous	No	Yes
Tumor Non-Cancerous	Yes	No
Ulcerative Colitis	Yes	No

Worst Life Insurance Companies & Offers Over 80 No Medical Exam

Beware of these worst companies to get life insurance for seniors and life insurance offers. These are the absolute worst life insurance option for seniors. 

Worst Life Insurance Companies for Seniors	Age Range	Coverage Amount	What Makes it The Worst	State Availability
	50-85	12 Units Max	Automatic 2 Year Waiting Period	All States
	0-85	$35,000 Max	20% More Expensive Compared to Other Companies	All States Except NY & WA
	50-80	Varies	Additional AARP Membership Fees Premiums Increase Every 5 Years on Term Policies	All Sates
	18-79	$100,000 Max	Premiums Increase Every 5 Years	All States
	45-80	$20,000 Max	Only One Company to Choose No Policy Riders No Guaranteed Issue Policies Over 80	All States Except NY & WA

AARP 

AARP burial insurance for seniors does not even offer any kind of AARP life insurance for seniors over 80. If you are at age 80 their whole life policies are decently priced but they are hard to qualify for.

Colonial Penn

Colonial Penn burial insurance is going to put you into an automatic 2 year waiting period because the Colonial Penn 995 plan is guaranteed issue final expense life insurance for seniors. It is also extremely over priced compared to other guaranteed issue plans on the market.

Lincoln Heritage

A Lincoln Heritage life insurance plan for seniors is over priced in addition to their difficult underwriting. You most likely will wind up with a waiting period for them even with moderate health issues.

Trustage

Trustage life insurance products are limited to just one company. This means if you are rejected for their final expense policies you will not be offered any other options which is difficult. 

Globe Life

Globe life sells term life insurance options as if it is a final expense insurance policy. Their life insurance policies for seniors is increasing term coverage which means the plan becomes more expensive over time. Eventually you will be forced to drop the coverage due to the high price.

Globe life should never be considered final expense funeral insurance.