My father just turned fifty five (55) and he is a bit concerned about leaving my mother and younger brother in bad financial shape in case he dies. Especially because he has heart disease that may shorten his life. I mentioned to him that this is still a good age to get life insurance. At first he thought it was too late, but after searching online for his rates, he found that he still can get very affordable rates.
He got a 20-year term policy in the amount of $500,000 for only $139 per month - what a deal. Two factors that helped him greatly was that he does not smoke, and he is in great shape.
If you are in his situation, and are in your fifties, don't wait any longer, and get your own life insurance quotes today.