Life Insurance For Over 60’s & 70’s

often hear people discussing the fact that they are older and whether or not they are now too old for life insurance, but this is not a problem if you are over 60 because you still qualify for life insurance.

An over 60's policy is similar to an over 50's policy, as well as the death benefit being paid out should the policy holder pass away, you would still receive the terminally ill benefit whereas there would be a benefit amount paid out should you be declared terminally ill and given no more than 12 months to live. The funeral benefit would also be available and will be paid in advance to help arrange and cover all funeral costs. The financial planning benefit would be released should you have any approved financial planning advice upon the payment of a life cover benefit.

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.

Here are the features of this policy,

• A range of benefits are available on this policy ensuring you have the right policy that suits your needs whilst making sure it reflect your current situation.
• Funeral benefit that would would be paid should you be diagnosed with an incurable disease and have less than 12 months to live.
• The policy can be amended at any time, we understand your circumstances may change so the policy is designed to allow this.
• Financial planning benefit, this can be claimed if you seek approved financial planning advice upon payment of life cover.

Below are the benefits to the over 60's insurance policy,

• The policy is a convenient purchase as it is a simple form and no medical examination is required so cover can be purchased from the comfort of your own home.
• Simple and fits your needs, by choosing this option it avoids the full underwriting and also removes the need for a trip to the doctors and await test results. This will make it a simple and quick process to ensure you protect the future of your family
• It is affordable, and the policy offers a great deal of coverage to suit your needs.
• Fixed premiums so once the policy has been agreed in detail your monthly instalment will never increase leaving you aware of the monthly amount you will be paying.