Cool Life Insurance Over 80 References. Ad don't let your family go unprotected if something happens. A final expense insurance policy from mutual of omaha is the best choice for seniors age 80 to 85 (age.

Term life insurance options are minimal and very expensive for this age group. Finding cheap life insurance for seniors is not always easy, as the cost of coverage typically increases as you age. But affordable options may be available, especially if you’re in good health.