Best life insurance companies for seniors

Ladder provides term life insurance coverage for people ages 20 and 60. Policy amounts range from $100,000 to $8 million for terms of 10, 15, 20, 25 or 30 years. However, your current age plus the term amount cannot exceed 70. So, for example, if you're 60 when you apply for a policy, the maximum term you can get is 10 years. Ladder does not require a medical exam for policies under $3 million.