![]() ![]() Obviously, some companies are better than others when it comes to working with people of your age. The Best Companies For Term Life Insurance Over 60 So even if a longer term-period is available to you it may not be the best financial choice. You should also know that longer-term options tend to be more costly than the shorter ones. For example, Transamerica offers 15-year term options to people up to age 78. Now, there are exceptions to these guidelines. Age 80 - Eligible for 10-year term period.Ages 71 through 79 - Eligible for 10-year term periods. ![]() Ages 66 through 70 - Eligible for 10, 15 and 20-year term periods. ![]()
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