Over 60's life insurance will pay out the full lump sum assured if the policy holder dies after the agreed qualifying period. This policy does not require a medical so the cover is available to anyone over the age of 60.
With this policy, there is a set period where the death benefit cannot be claimed if the policy holder were to pass away within that agreed time. However, within that period if you were to die, a payment would still be released to the beneficiaries which would consist of the premiums paid.
If you are looking for to cover that is simple but still covers your required needs, then over 60's cover is for you. It is an easy and quick process as all you need to do is complete an application, there is no medical examination so a trip to the doctors and having to wait for results is not necessary.