Trustpilot
Show More

Ask an Expert

Can I take out a funeral plan when I’m over 80?

Having a funeral plan ensures that when you pass, your family do not have to pay the costs themself. It’s a great gift to give, providing peace of mind for both yourself and your loved ones. But insurance companies are notorious for refusing cover to high-risk customers, so can you take out a funeral plan if you’re 80 or older?

You might be surprised to know that it’s possible to get a funeral plan when you’re over 80. Many providers have a no age policy, meaning they will at least consider your application no matter what stage you’re at.

It’s important to note, however, that this doesn’t mean you will automatically be accepted. When assessing the merits of a funeral plan, life insurance providers will consider the chances of a claim being made. This means that they will consider numerous other factors, such as your health and lifestyle, before allowing you to take out a policy.

 

Related guides

How Insurers Calculate Premiums

Ever wondered why your life insurance policy costs as much as it does? Or why the cost of your existing policy might be changing?We’ll go through the kinds of things that insurance providers take into account when quoting life insurance policies they offer, and in doing so show you how you might be able to keep costs down wherever possible.

Mortgages and Life Insurance

Buying a home is one of the most significant financial decisions you'll make, and for most people, it requires securing a mortgage. Alongside this, life insurance is an important consideration to protect your loved ones and your investment.Making sure that their family is still able to keep up with mortgage repayments is a major reason why many people take out life insurance policies in the first place. For most households, mortgage repayments are the largest regular expense and so, particularly if the main earner in the family is the one who passes away, the right life insurance policy can be an essential lifeline.

Why Landlords Should Consider Mortgage Life Insurance

For the majority of landlords, handling 100 different tasks and dealing with property maintenance issues is nothing new. In fact, for many landlords, juggling the needs and demands of their various properties is simply considered part of the job.However, dealing with tenants and having to worry about so many variables on a constant basis can be exhausting. And when you’re spending so much time taking care of multiple tenant and property issues, it’s easy to lose sight of the future and how important it is to prepare accordingly. If you’re a landlord who is responsible for looking after loved ones, it’s worth considering what the best possible form of protection is for them. A look into some mortgage life insurance cover can help you be more prepared should the unexpected occur. But what exactly is mortgage life insurance? And what kind of coverage can it offer you as a landlord?