Advancing age does not mean that you do not need a life insurance policy that caters to your needs. However, as an older citizen, you probably know that buying seniors’ life insurance can be pretty daunting. Luckily, while the coverage cost increases with age, several insurers can accommodate seniors even if they are not in the pink of their health. Here are some of the top insurance companies that provide reasonably priced coverages.

Northwestern Mutual
The company provides universal, whole, and term life insurance policies, but not all products are available in every state, and many programs can be personalized with the riders. To apply for their seniors’ life insurance, you will have to undertake a health examination. Fortunately, Northwestern Mutual has policies for applicants as old as 80. Their coverage options depend on various factors, including the individual’s health, gender, and age. You can change the term life policy to a permanent one sans any medical examination or without paying a fee. To know your coverage, you should work with a financial advisor from the company. However, sadly, you might be unable to get an estimate for some policies via the company website. Once insured, you can set the automatic premium payments and connect with the support team online.

Nationwide
Nationwide is one of the best seniors’ life insurance companies offering personalized whole life insurance policies with multiple payment plans and rider options. With their whole life insurance policy, you get a tax-free death benefit, lifelong coverage, and a guaranteed cash value if you want to take a loan against it.

Nationwide has a fixed premium, and the policy remains active till you pay your premiums on time. They have two payment plan options – 20-Pay Whole Life and Whole Life 100. In the latter, you pay the premium till you turn 100. In the former, you have fixed premiums for two years, after which your policy is considered paid in full.

Nationwide provides numerous personalization options to help you find a policy that best fits your needs. It also has plans that cover multiple riders for chronic illness, disability, accidental death, terminal illness, child’s death, critical illness, and more. Their customer satisfaction rate is high. If you wish to buy their policy, you contact their agent directly.

New York Life
New York Life has been in the business for over 100 years. Hence, it has overcome several financial storms and proved its mettle in the industry. It is one of the few seniors’ life insurance companies that accept applicants up to the age of ninety. Its solid financial position bagged it the A++ rating from AM best. Thus, there is an assurance that the company is well-equipped to cater to its ongoing insurance obligations. The whole life policyholders can opt for the life insurance dividend payments. They have been getting so every year since 1854. The company provides multiple options for customization, including a disability income rider, a rarity amongst other companies. The only low is that you will have to provide your personal details and phone number to get a quotation and detailed policy information. Sadly, you do not have any online application option either.

Pacific Life
Pacific Life is another one of the top companies for the least number of complaints relative to its size. The company has received very few complaints in the last three years, which is an indication of their top-notch customer service. Moreover, AM Best lauds the company with an A+ financial strength. So, there is an assurance that the company can pay your claims timely. In addition, Pacific Life also provides multiple living benefit riders, including riders for terminal and chronic illnesses. Its term policies are convertible to permanent coverage, providing you flexibility. To get a quotation and apply, you must speak to an agent.