It's not too late to get covered. We offer term, whole life, and guaranteed universal life for Texans 50–85 — including simplified-issue options with no medical exam.
From income replacement to permanent legacy coverage — we match your need and budget to the right product.
Lock in a fixed premium for 10–15 years. Best if you have a clear liability with a known end date.
Best for: Mortgage payoff, spouse income replacement, specific debt
Guaranteed death benefit to age 90, 100, or 121. Far more affordable than whole life for the same permanent coverage.
Best for: Legacy planning, estate liquidity, wealth transfer
Our whole life options build guaranteed cash value and are eligible for annual dividends. Premiums never increase and the death benefit never decreases.
Best for: Lifelong coverage with guaranteed cash value growth
Life insurance isn't just for the young. Texas seniors use coverage to replace spousal income, pay off remaining mortgage debt, fund final expenses so family isn't burdened, and create a tax-efficient legacy for children or grandchildren.
The average Texas funeral costs $9,000–$12,000. Medical bills at end-of-life average $11,000. A modest policy covers both — keeping your family's savings intact.
Yes. Term life is available up to age 75 in Texas, though term lengths shorten as you age. A 65-year-old can typically get a 10 or 15-year term policy. Rates are higher than at younger ages, but coverage is still attainable with good health.
It depends on your goal. Term life is best if you have a specific liability (mortgage, supporting a spouse). Guaranteed issue coverage is best for applicants with health concerns who need modest coverage. Guaranteed universal life is ideal for legacy planning or wealth transfer.
A healthy 65-year-old male can expect to pay approximately $120–$180/month for a $250,000 10-year term policy. Women typically pay 20–30% less. Guaranteed issue policies for $10,000–$25,000 in coverage typically start around $50–$90/month depending on age.
Yes. Guaranteed issue whole life accepts all applicants 50–85 regardless of health — no medical questions asked. Coverage is typically limited to $5,000–$25,000, with a 2-year graded death benefit period.
Not always. Simplified issue policies (short health questionnaire, no exam) are available for seniors. Guaranteed issue policies require no health questions at all. Tower Hill can help you find the best fit for your health profile.
GUL is permanent life insurance that guarantees the death benefit to a specific age (90, 95, 100, or 121) at a fixed premium. It's much more affordable than traditional whole life while providing lifetime coverage — popular for estate planning.
Rates increase with age — securing coverage now locks in the best available rate for your profile. Our advisors specialize in senior coverage.