Life Insurance for 81 Year Old (Now is the Time)

When it comes to life insurance for 81 year old your best option is final expense insurance this is also known as burial insurance or funeral insurance it is permanent coverage designed specifically to cover funeral costs. When you are age 80, age 85 or age 90 your mortgage and most of your expenses when you were young are paid off by then.

This means you do not need a sizable amount of coverage to act as a loss of income or protect a mortgage which is what other life insurance options like term would do. The problem with that type of life insurance for 81 year old is the fact that they require a medical exam and at age 81 it’s next to impossible to get that type of coverage.

In this article, we will go over everything you need to know about final expense life insurance for 81 year old because this is the best out of all your coverage options to protect your family from end-of-life expenses.

We have covered in extensive detail burial insurance for seniors over 80.

Can an 81 Year Old Get Life Insurance

Can I get life insurance at 81? Yes you can get life insurance at 81 years old the best life insurance plans for 81 years old are whole life final expense insurance. This is burial insurance because in most cases it is used for covering the costs of burials so your family is not stuck with a $10,000 funeral bill.

Funerals are extremely expensive and as you get older you are probably realizing that you do not want to leave your family behind with those expenses and burden. Families go into debt on a daily basis due to these types of expenses coming out of nowhere. This is why it is important to plan ahead which is what life insurance is meant to do.

Especially life insurance for 81 year old as you are higher in age and getting much closer to death.

Qualifying for Final Expense Life Insurance

Now, these are simplified issue plans meaning they do not require a medical exam and instant approval is done right over the phone if you are 81 years old and in good health, you should be approved instantly right over the phone.

The Steps

  1. Fill out the Quote for the Right
  2. Speak to an Agent
  3. Pick your policy based on Your Health
  4. Agent assists you in Enrolling for Your Policy
  5. E- Signature via Email or Voice Signature
  6. Instant Decision within 30 minutes of the phone call

That’s it and an 81 will get life insurance.

At that point, the life insurance company will issue the whole life coverage and your family is protected when your time comes.

Non-Waiting Period vs Waiting Period

Your health still does play a factor so if you are extremely unhealthy you will have a waiting period with your policy but if you are in good health there will be no waiting period.

Keep in mind we help 90% of our clients get approved for coverage with no waiting periods even if you have come health issues COPD or CHF to name a few. So regardless of your health, you will not be denied coverage. This is why these simplified issue plans are the best type of life insurance for 81 year old.

Companies to Avoid for Life insurance for 81

These are the absolute worst companies to get final expense insurance from because there’s some gimmicks tied to them but they are extremely well known. Just because a company has a big name does not always mean it is the best for you.

Best Life Insurance for 81 Year Old

We Recommend

The best companies to work with for life insurance policy for 81 year old can be found by working with an independent life insurance brokerage like us that offers all the top-rated carriers nationwide. We shop the market for you for the best available companies we also know the underwriting for these companies which allows us to recommend the perfect plan for you.

You will see our top pick’s below for life insurance for 81 year old.

Final Expense Life Insurance Benefits

Final expense plans have a lot of additional benefits and riders like accelerated living benefits which means you can use the life insurance death benefit early if you become terminally ill to pay for any kind of long-term care health insurance may not cover.

So you can use these policies while you are still alive in some cases.

Other benefits include:

  • Premiums Never Increase
  • Death Benefit Never Decreases
  • Policy Death Benefit is Tax – Free to your Beneficiary

In addition to this the companies, we work with pay the death claim within 24 – 48 hours of receiving a certificate of death which means your family gets the benefit quickly for day one level coverage.

These types of plans are perfect for seniors and their families because there is no worries of the policy becoming expensive, losing value or your loved ones being taxed by old Uncle Sam.

Life Insurance for 81 Year Old Male and Female Sample Life Insurance Quotes

We have provided sample life insurance quotes for final expense whole life insurance at age 81 and up to age 89. This will give you a comprehensive idea of how much funeral insurance at age 81 will cost monthly so you can make an informed decision. Burial insurance at age 81 will never expire on you it will last your entire life which will provide peace of mind to your loved ones knowing they will not be financially responsible for the funeral expenses. These life insurance quotes for age 81 come directly from our quoting technology.

Burial Insurance Quote Samples Rates for Ages 81 – 89 Life Insurance Sample Quote
Age$10,000 Male Non Smoker Sample Quotes$10,000 Male Smoker Sample Quotes$10,000 Female Non Smoker Sample Quotes$10,000 Female Smoker Sample QuotesFinal Expense Companies Available per Age
81$139.73$181.75$98.43$135.14Mutual of Omaha, Aetna, Gerber, AIG, American Amicable, Prosperity Life, Liberty Bankers Life, Sentinel Security Life,Guarantee Trust Life, Great Western Insurance Company
82$149.95$192.98$106.21$147.04Mutual of Omaha, Aetna, American Amicable, Sentinel Security Life,Guarantee Trust Life,
83$160.16$204.65$113.96$160.56Mutual of Omaha, Aetna, American Amicable, Sentinel Security Life,Guarantee Trust Life,
84$171.02$219.19$121.31$170.76Mutual of Omaha, Aetna, American Amicable, Sentinel Security Life,Guarantee Trust Life,
85$181.88$237.28$128.55$179.58Mutual of Omaha, Aetna, American Amicable, Sentinel Security Life,Guarantee Trust Life,
86$192.74$257.57$135.90$192.35Mutual of Omaha, Aetna, American Amicable, Sentinel Security Life,Guarantee Trust Life,
87$236.25$337.32$171.33$237.32Aetna Accendo, Guarantee Trust Life
88$276.68$353.99$205.98$253.99Aetna Accendo, Guarantee Trust Life
89$317.10$370.65$240.63$278.99Aetna Accendo, Guarantee Trust Life


The best type of life insurance for 81 year old’s is final expense insurance because the underwriting is easy for people at this age as well as the fact that other types of policies will not take someone in this age bracket. A policy like this is designed specifically to make sure your family is not stuck with a big funeral bill when you die.

It provides peace of mind for them and will help them focus on just grieving you at the time of your passing. The time to get this coverage is now these rates are based on age health and lifestyle and as you get older the policies will become more expensive over time. So you want to get your rates locked in as soon as possible.