It’s Never Too Late to Get Life Insurance!

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Life insurance for the over-50s

Life insurance is cheaper when you are young – there’s no getting around that fact. Life insurance companies prefer to take lower risks on 20-somethings that go to the gym and have never let a cigarette pass their lips.

Overweight chain-smokers in their mid-60s with a history of illnesses and a poor diet, however, are quite the risk! Really, you can’t blame the insurers for ramping up the premiums.

It’s not all doom and gloom, however. Life insurance becomes more important to us as we mature and start to see the wisdom in it, so thankfully there are plenty of ways to get it. It’s never too late for life insurance!

Speciality over-50s cover

One of the key factors in determining the cost of premiums with life insurance is your health and medical history. For anyone who has suffered, or is still suffering, a serious illness, this can be a deal breaker.

Specialist over-50s life insurance cover is a whole-of-life policy (that simply means it lasts until the day you die), which doesn’t involve all the medical questions – a medical is replaced with a guaranteed acceptance policy.

Sounds great? It is!

There’s an obvious hit, of course, in that the premiums can be reasonably high. After all, that risk has to be paid for somewhere – but they are not too high and are definitely still affordable.

And ‘no questions asked’ somehow seems that much more civilised!

What age can you get life insurance up to?

Can you get life insurance at age 75 or 85? Am I too old for life insurance?

Most over-50s policies are designated for people between 50 and 80, sometimes stretching to 85. It’s true that once you get older than that, initiating a life insurance policy is very hard.

Hard doesn’t mean impossible, though! At Quick Quote Protect, we work with a huge range of insurance providers to find cheap life insurance quotes that fit your specific circumstances – no matter what that is!

What’s the best age for life insurance?

This age. Today. Your age!

Getting life insurance is best done as soon as you are able. Of course, if you were talking about the cheapest premiums, then I’d hope you called us at 18, on your way home from the gym – but assuming you are not an 18-year-old fitness fanatic, that best time is still now. That best age is still your age, because it’s the best you’ve got.

Is it too late to get life insurance? Of course not!

Why do you need life insurance?

Because one day you are going to die.

People tend to avoid statements like that, thinking they are sad, or upsetting. Perhaps they are, but they are also true. All of us are living a life that could end at any time. Hopefully it’s a beautiful, exciting, vibrant and fun life with loved ones and a mind filled with delightful memories.

You don’t want to pass away and leave your family with debt as well as grief. Life insurance does two things – it ties up your financial affairs so that others don’t need to, and it offers a gift to help those you love.

How can Quick Quote Protect help with life insurance policies?

We’ve been in this business for years and have expert advisors who are truly passionate about life insurance.

At Quick Quote Protect, every day is another day where we try to improve our service for our customers and find a policy which protects them and their family from the insecurity of dangling financial affairs. Whether all you need is a small policy to cover your funeral expenses, or a multi-million-pound level of cover to eliminate inheritance tax on a family fortune, we will find the policy to fit.

Contact us today and get your policy in place in as little as half an hour. It’s time well spent.