Life Insurance for seniors (61-79 yrs or more)

#1
hello all. Does any know about life insurance policies that can be purchased for individuals 61 yrs or older? IDBI-Federal sells a seniors policy with a max sum assured at 5 lakh rupees. Am I missing anything? What are the options available to insure seniors and parents that are >61 yrs old? Appreciate if you could pls share your wisdom. Thank you.
 
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