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, 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.

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Mother of three grown-up daughters I am the ultimate multi-tasker and am passionate about my role as Silversurfers Website Editor and Social Media Manager. Always on the lookout for all things that will interest and entertain our community. Fueling fun for the young at heart!

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