Life insurance is not restricted to age and anybody can get it at any age. Even the senior citizens who are already retired can get a life insurance. And to be practical, taking the insurance can be a very tricky decision for the elderly people. The insurance can be the best support to carry the funeral expenses and reduce the burden from the children of the insurer.
Almost all the agencies that work with life insurance offer insurance policies for senior citizens; although the offers are not the same as the regular insurances for the younger people. The rate is much lower in senior life insurance and they will not get much extra benefit. Also the insurance is not offered for those who are seriously suffering in a long term disease or having home nursing.
