Finding insurance for over 60s
Knowing you and your family are taken care of and your affairs are in order as you get older is important for many, and the peace of mind that comes with purchasing an insurance policy can be one of the most valuable investments you make.
Particularly when it comes to life insurance, if you’re over 60 and haven’t arranged this already it can become a complicated process – the older we are, the more difficult it can be to find an insurance provider that offers sensible coverage at a fair price without medical exams or complicated terms and conditions that catch you out.
The good news is, if you need insurance in your 60s, it’s not too late. There are plenty of decent options for car insurance, travel insurance and life insurance that give you the right coverage without breaking the bank.
Insurance at any age
Finding reasonable insurance over 60 doesn’t need to be difficult, and in fact, it’s easier than ever to find and compare your options with the help of the web. Many brokers have made special provisions for customers over 50, and no matter what your age, you can find policies and resources to help you make the right choice and put your mind at rest.
Particularly with life insurance and travel insurance, as you get older, age can be a factor that makes the price of cover go up. However, the benefits of purchasing a policy that’s tailored to over 50s far outweighs the negatives, particularly if you find further down the line you need to make a claim. That’s not the case in every instance though – for example, if you have a long history of safe and responsible driving, as you enter your 60s your car insurance premiums could be lower than ever.
Before you purchase any policy, do your research – there may be important exclusions about illness or lifestyle that affect whether your policy is valid, and the last thing you want is to invest in insurance cover that doesn’t give you the peace of mind you need.
Finding over 60s deals and comparing prices
If you’re wondering whether you need life insurance or aren’t quite sure how to go about doing it, start with some research. Consumer group Which? has released a guide about how to buy life insurance, which covers common questions about how to purchase direct from a broker and make use of comparison sites.
Most comparison sites make it easy to shop for car insurance, travel insurance and life insurance all in one place. Each website provides detailed information about the insurance policies available, how much they will cost, and why they might be useful to you. You can get a quote online before you decide, so you’re not obligated to purchase anything if you aren’t happy with the deal that’s being offered. If price is a main concern, then start your search at Compare the Market, Confused.com or Moneysupermarket – three of the most popular price comparison sites on the web.
If you prefer to go directly to a broker, there are still plenty of options available to you if you want to do most of your research online. Insurance providers like Direct Line, Admiral and M&S Insurance all make it easy to get a quote for life insurance, car insurance and travel insurance online, and by speaking to a customer service representative directly you can find out which policies are best suited to your lifestyle and tailored to policy holders over the age of 50.
The contents of this article are for reference purposes only and do not constitute financial or legal advice. Independent financial or legal advice should be sought in relation to any specific matter. Articles are published by us without any knowledge or notice of the circumstances in which you or anyone else may use or rely on articles or any copy of the information, guidance or documents obtained from articles. We operate and publish articles without undertaking or accepting any duty of care or responsibility for articles or their contents, services or facilities. You undertake to rely on them entirely at your own risk, and without recourse to us. No assurance of the quality of articles is given or undertaken (whether as to accuracy, completeness, fitness for any purpose, conformance to any description or sample, or otherwise), or as to the timeliness of the publication.
Latest posts by Silversurfer's Editor (see all)
- Life is about living - June 22, 2018
- 5 signs that you’re not getting enough sleep - June 22, 2018
- Receive up to £100 when you open Over 50s Life Insurance with Shepherds Friendly Society - June 21, 2018
- Discovering the joys of yoga - June 21, 2018
- How to handle your digital legacy - June 21, 2018
Leave a Comment!
Community Terms & Conditions
These content standards apply to any and all material which you contribute to our site (contributions), and to any interactive services associated with it.
You must comply with the spirit of the following standards as well as the letter. The standards apply to each part of any contribution as well as to its whole.
be accurate (where they state facts); be genuinely held (where they state opinions); and comply with applicable law in the UK and in any country from which they are posted.
Contributions must not:
contain any material which is defamatory of any person; or contain any material which is obscene, offensive, hateful or inflammatory; or promote sexually explicit material; or promote violence; promote discrimination based on race, sex, religion, nationality, disability, sexual orientation or age; or infringe any copyright, database right or trade mark of any other person; or be likely to deceive any person; or be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence; or promote any illegal activity; or be threatening, abuse or invade another’s privacy, or cause annoyance, inconvenience or needless anxiety; or be likely to harass, upset, embarrass, alarm or annoy any other person; or be used to impersonate any person, or to misrepresent your identity or affiliation with any person; or give the impression that they emanate from us, if this is not the case; or advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse.
Nurturing a safe environment
Our Silversurfers community is designed to foster friendships, based on trust, honesty, integrity and loyalty and is underpinned by these values.
We don't tolerate swearing, and reserve the right to remove any posts which we feel may offend others... let's keep it friendly!