Unfortunately, as we get older it typically becomes more difficult and expensive to find a life insurance policy that will meet our needs.  Life insurance for the elderly may be more difficult to find but that does not mean that it is unobtainable or that you cannot find a life insurance policy that you can afford.  When looking for life insurance for the elderly, there are some measures you can take that may help you find an affordable policy that you will be happy with.

The state of your health is typically one of the major factors an insurance company will investigate and take into consideration when determining your eligibility and rates for life insurance.  Remaining in good health and giving up smoking if you are a smoker will usually be to your advantage and may help you find cheaper insurance rates.  For those that are not in good health there are other options as well such as a guaranteed life insurance policy.  This type of policy does not typically require a health examination which is why they are usually more expensive to obtain.

Comparing different life insurance companies and their policies is another way to help you find the insurance coverage and company you want.  With several comparisons on policies from different companies, you will be more informed and may be able to work with an insurer to get lower rates based on the other comparisons you have obtained.