Over 87 life insurance

lloydy1601

Looking for no medical evidence life insurance for my mother age 87,having a problem finding an insurer.

Browntoa

https://www.futureproofinsurance.co.uk/im-over-80-years-old-can-i-get-life-insurance

TrickyDicky101

For what reason would your mother need to take out life insurance at age 87? Genuine question this - by that age I would have thought your Mum would have made provision throughout her life for whatever upcoming costs are expected that would be covered by the proceeds from the life insurance policy.

System

Her life expectancy, if in average health, is I would guess about 4-5 years.
Is that an insurable risk? Expensive?

Muskey

According to the Office of National Statistics, the life expectancy for a woman in the UK is currently 82.9. If she is already 87, I wouldn’t expect anyone to offer cover.

AstroTurtle

Browntoa wrote: »

https://www.futureproofinsurance.co.uk/im-over-80-years-old-can-i-get-life-insurance

If you are currently over 85 but under 89 we would be happy to provide you with a quote from the one company who might be prepared to offer you cover. You would need to be under 89 at the time the cover starts.

Then goes on to say for £4,000 worth of cover for an 88 year old for whole of life policy would cost around £68.11pm



Not impossible Good luck

HappyHarry

Muskey wrote: »

According to the Office of National Statistics, the life expectancy for a woman in the UK is currently 82.9. If she is already 87, I wouldn’t expect anyone to offer cover.

Average life expectancy for a 87 year old female is 6 years.

The ONS have a very useful tool here: https://www.ons.gov.uk/peoplepopulationandcommunity/healthandsocialcare/healthandlifeexpectancies/articles/whatismylifeexpectancyandhowmightitchange/2017-12-01