for age 66 life insurance call: (910) 328-0447
request a quote
For permanent life insurance for a male or female 66 years old the best coverage is Guaranteed Universal Life (GUL) since it’s much less expensive than Whole Life insurance and offers lifetime coverage at a fixed premium. Click here for an overview of options and recommendations for people in their 60’s. See here for Whole Life final expense quotes for ages 60 to 69. Term life insurance quotes see below.
Permanent best cost (see below for Term)
Female – 66 year old
| Face Amount |
Monthly at Preferred Best |
Monthly at Standard |
Guarantee Period |
Top Carrier |
| $25,000 | $74.50 | $82.10 | Age 121 | Pacific Life |
| $50,000 | $120.00 | $134.10 | (approximate) at preferred best; Protective at standard | |
| $100,000 | $173.46 | $215.27 | Penn Mutual | |
| $250,000 | $425.38 | $499.25 | Penn Mutual at preferred best: Protective at standard | |
| $500,000 | $833.50 | $977.50 | Protective | |
| $1,000,000 | $1,579.00 | $1,892.00 | Protective | |
| $2,000,000 | $3,158.00 | $3,784.00 | Protective | |
| $5,000,000 | $7,895.00 | $9,460.00 | Protective |
Male – 66 year old
| Face Amount |
Monthly at Preferred Best |
Monthly at Standard |
Guarantee Period |
Top Carrier |
| $25,000 | $86.26 | $90.50 | Age 121 | Pacific Life |
| $50,000 | $139.74 | $150.45 | Pacific Life at preferred best; Protective at standard | |
| $100,000 | $207.24 | $250.90 | Penn Mutual at preferred best; Protective at standard | |
| $250,000 | $481.75 | $598.25 | Protective | |
| $500,000 | $939.50 | $1,198.50 | Protective | |
| $1,000,000 | $1,807.00 | $2,358.00 | Protective | |
| $2,000,000 | $3,614.00 | $4,716.00 | Protective | |
| $5,000,000 | $9,035.00 | $11,790.00 | Protective |
Term
Lowest price is the obvious primary consideration for choosing term life. The quality feature to term is the carrier’s conversion to permanent options. Ask about the product’s age limit of term conversion and current conversion to permanent products. Protective Life overall best for conversion, though other carriers should be evaluated to tailor to individual goals. American National has a chronic and critical illness rider to their term insurance that merits consideration. Below gives the price range for best health, preferred best to average health, standard, for non tobacco users.
Term and Age 90 Guaranteed Universal Life (UL) quotes:
Female: Preferred Best – age 66 – monthly
| Face Amount |
10 year Term |
15 year Term |
20 year Term |
Age 90 Guaranteed UL |
| $100,000 | $38.63 | $51.20 | $97.46 | $141.01 |
| $250,000 | $74.83 | $99.34 | $186.55 | $294.22 |
| $500,000 | $133.11 | $181.43 | $350.38 | $559.21 |
| $1,000,000 | $242.00 | $338.54 | $671.48 | $1,032.51 |
Female: Standard Non-Tobacco – 66 year old – monthly
| Face Amount |
10 year Term |
15 year Term |
20 year Term |
Age 90 Guaranteed UL |
| $100,000 | $65.94 | $87.50 | $134.91 | $170.27 |
| $250,000 | $140.71 | $185.72 | $274.27 | $355.89 |
| $500,000 | $259.21 | $346.46 | $524.63 | $683.05 |
| $1,000,000 | $464.70 | $645.31 | $1,019.92 | $1,279.97 |
Male: Preferred Best – Age 66 – monthly
| Face Amount |
10 year Term |
15 year Term |
20 year Term |
Age 90 Guaranteed UL |
| $100,000 | $56.01 | $74.19 | $119.32 | $156.70 |
| $250,000 | $108.79 | $140.74 | $227.75 | $358.57 |
| $500,000 | $198.11 | $265.41 | $445.53 | $687.07 |
| $1,000,000 | $370.26 | $498.06 | $860.97 | $1,285.84 |
Male: Standard Non-Tobacco – 66 year old – monthly
| Face Amount |
10 year Term |
15 year Term |
20 year Term |
Age 90 Guaranteed UL |
| $100,000 | $96.00 | $127.38 | $178.28 | $203.10 |
| $250,000 | $190.01 | $274.17 | $400.06 | $444.63 |
| $500,000 | $371.99 | $542.08 | $791.08 | $859.56 |
| $1,000,000 | $716.53 | $990.18 | $1,511.57 | $1,617.10 |
Closer to being 67 years old? If over 66 and 1/2, see age 67 quotes, since most carriers set rates by nearest age. Backdating a policy up to six months to save previous age is generally permitted.
Please contact me for a free and strictly confidential quote. Many more options are available.
Licensed Agent: Sean Drummey
phone: (910) 328-0447
email: spdrummey@gmail.com
national producer #5534308
Lower premiums available on Guaranteed UL plans with the no lapse guarantee to age 90, age 95, age 100, age 105, age 110 or whatever age designated. Catch up premium options available with some plans. Contact me for details.
Companies & Products quoted:
Protective Life: “Protective Lifetime Assurance UL 121”
The Penn Mutual Life Insurance Company: “Penn Mutual Guaranteed Protection UL”
Pacific Life Insurance Company: “PL Promise Guaranteed UL”
For the approximate quote company please contact me.
Separate product guide for New York state residents
2023 Social Security Earnings Test Limits
normal retirement age (NRA)
Exempt Amounts for 2023
We determine the exempt amounts using procedures defined in the Social Security Act. For people attaining NRA after 2023, the annual exempt amount in 2023 is $21,240. For people attaining NRA in 2023, the annual exempt amount is $56,520. This higher exempt amount applies only to earnings made in months prior to the month of NRA attainment.
updated: 9/15/2023 – non tobacco rates; rates subject to change; quote accuracy or completeness not guaranteed