Am I too old for life insurance?

If you’re thinking about taking out life insurance, you’re probably wondering if you’re eligible, perhaps due to your age. Age ceilings do vary by provider, but the fact is that you’re probably never too old to start thinking about life insurance.

Frequently asked questions

The maximum age for getting term life insurance can vary between insurers. Some will only insure up to 70 years whilst others may insure you up until you are 90. It will also depend on the type of life insurance you are looking for.

You can get life insurance at 85 years of age, however, this will be more expensive as you'll have a greater risk of illness. You might want to consider getting whole of life insurance before you reach this age as this means you'll be covered until you die.

You can have more than one life insurance policy, but it's worth making sure that you are covered for different things to avoid duplication.

To claim life insurance after someone dies, the beneficiary should start by contacting the insurance provider directly. The claims process and documents that need to be provided may vary between insurance providers.

Life insurance can be paid out in one lump sum or you can opt to have it in instalments. The options will vary between insurers.

The maximum age for getting term life insurance can vary between insurers. Some will only insure up to 70 years whilst others may insure you up until you are 90. It will also depend on the type of life insurance you are looking for.

You can get life insurance at 85 years of age, however, this will be more expensive as you'll have a greater risk of illness. You might want to consider getting whole of life insurance before you reach this age as this means you'll be covered until you die.

You can have more than one life insurance policy, but it's worth making sure that you are covered for different things to avoid duplication.

To claim life insurance after someone dies, the beneficiary should start by contacting the insurance provider directly. The claims process and documents that need to be provided may vary between insurance providers.

Life insurance can be paid out in one lump sum or you can opt to have it in instalments. The options will vary between insurers.

More on being too old for life insurance