What if I'm over 60?
If you're aged over 60 or 70 and looking for over 60s life insurance you can still take out an over 50s policy (also sometimes referred to as whole of life insurance), as it offers the same plan. There are three big factors that determine how much would be paid out when you die:
- Your age
- Whether you're a smoker
- What premium you'd like to pay each month i.e. £10, £15, £20 etc
You pay your agreed monthly premium either until you die, or until you reach 90, then when you eventually pass away, the policy will pay out - bear in mind there may be an initial period where the policy won't pay out, typically 18 months - 2 years. If you've set it up in trust, it'll go to whoever you name as the beneficiary. Regardless of whether you're elderly or senior, you could still get cover in place whether that's to cover funeral costs or to leave a financial gift for loved ones.
Why buy through Confused.com?
Confused.com offers a number of specialist services, including finding life policies for over 50s. We can return a quote in a matter of minutes - and with a personalised quote, you can be sure you're getting a quote that's tailored to your needs. With the assurance of an established UK provider behind your policy, you'll know your family will be well taken care of.
- With Confused.com you have guaranteed acceptance without the need for a medical. This means that we will have a policy that will be able to cover you without having to have a full medical health check from a professional.
- The premiums will never rise, so you can find a policy that best suits your needs and as well as your pocket.
- We also specialise in other products like over 50’s travel insurance and over 50’s car insurance
Confused Life is arranged and administered by Direct Life & Pension Services Ltd, who are authorised and regulated by the Financial Conduct Authority. Registered office; Pinnacle House, A1 Barnet Way, Borehamwood, Hertfordshire WD6 2XX. Registered in England and Wales No 2467691.