Senior Life Insurance

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Seniors life insurance are life insurance policies that allow people who are older and potentially have several pre-existing medical conditions, to still get life insurance plans in place or top up what they already have. Typically, older applicants will qualify for simplified or guaranteed issue life insurance, which involve no-medicals to be done. Some of these plans could be deferred up to 2 years, to factor in risk. Shorter term plan options are generally not offered for seniors above 70yrs.


When would senior life insurance be beneficial:

  • Cover final expenses and outstanding debts.

  • Making sure probate taxes are covered by insurance, so children do not have to be responsible to pay it.

  • Final wish planning, i.e. creating or leaving more of a legacy to children and grandchildren.

  • Leaving money to your favourite charity or place of worship

Please note insurance is based on age and health status at the time of application.