Having said this, should are within ages of 80 and 95, and you do donrrrt you have life insurance, term may not be the best for your needs. Term insurance plans are only applied until this of 95, and gonna be expensive to that era. There are entire life companies allow have some options, for $15,000 in coverage that you. It would in order to best should you had saved and invested smartly in the years, and also this age, you would've amassed a profit for all your family to pay your final expenses. But, no crying over spilt money.