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Life Insurance Over 70

Past the age of 70, you may finally be considering investing in life insurance to protect the financial security of your loved ones should you pass away or fall seriously ill. The Insurance Surgery can lend you a supportive hand.

What is Over 70 Life Insurance?

Life insurance for over 70s can offer individuals great comfort in knowing that their finances are protected if anything were to happen to them. You may opt to settle on a whole of life insurance policy for guaranteed security or even a term life insurance policy for a set duration. Many people looking for life insurance over 70 settle on a decreasing life insurance policy to cover potential mortgage repayments. People over the age of 70 may be considering life insurance for a number of reasons:

Whilst life insurance can be extremely helpful in certain circumstances, it isn’t recommended for everyone. If you have no financial dependents, you may not need to seek out a policy. Our team is here to offer genuine advice on your situation and whether or not different types of life insurance could benefit you.

How Does Over 70s Life Insurance Work?

You may have concerns about the difficulty of seeking life insurance later in life and may have even had applications rejected in the past, but worry not! The Insurance Surgery has experience in finding the best policies for people of all ages who may have struggled to secure life insurance in the past.

STEP 1

Complete form

STEP 2

Tell us your needs

STEP 3

We'll search the market

STEP 4

We'll recommend the best products

STEP 5

Tell us when you want it to start!

A key benefit of life insurance for over 70s is that getting accepted is actually pretty straightforward. Given your age, insurers are aware that health risks are likely, meaning you won’t need to undergo medical examinations. As long as you’re a UK resident, you should be eligible for most over 70s insurance plans!

All you need to do to get a quote is fill out our form with your age, gender and the amount of cover you require. From there, one of our experts will detail the benefits of each policy and why they might best suit your needs. We’ll be happy to answer any questions and offer support in whatever way we can, before sending your application to insurers.

Do You Need Life Insurance?

Life insurance provides financial security for your loved ones in case of your death, helping cover expenses like mortgages and daily living costs. It’s particularly important for parents, homeowners, and business owners. Different policy types, including whole of life and level term insurance, offer varying levels of coverage.

Life Cover Terminology

Understanding life insurance terminology is essential for policyholders to make informed decisions about their cover, we have broken down the meaning for some of the most used terms.

Why Choose The Insurance Surgery?

Rated ‘Excellent’ on Trustpilot.

We take pride in the experience that we offer, guaranteeing excellent service at all times.

25 years Experience

With 25 years of specialist life and protection experience, we can find the perfect policy for you.

Access to a range of insurers.

With a broad selection of partners, we are well-equipped to find the best insurance deals for you.

Award-winning broker.

Known for making insurance simple, The Insurance Surgery is a trusted, award-winning broker.

How Much Does Life Insurance for Over 70s Cost?

The costs of life insurance can vary from person to person. Are you keen to cover funeral costs to support your family during a difficult time, or are you looking to cover mortgage payments? Factors like these will directly impact your quote, so consider how large you want your payout to be.

Whilst you are essentially guaranteed a payout, your assured sum may be quite low. For example, if you were to pay around £50 per month, you could generally expect to get around a £7,500 payout. If the policyholder smokes, however, they should anticipate a lower payout.

Whilst payouts are seemingly lower, it is important to consider that, based on the policyholder’s age, their mortgage and bill payments will also be lower. Life insurance for this age group is generally used for funeral cover, but it is still worth considering the following:

For more information on What medical conditions affect life insurance? Visit our Guide.

Life insurance cost, case study.

James is looking for life insurance to cover his mortgage and to give a lump sum to his wife and two children. James had a stroke ten years ago but doesn’t suffer from any symptoms.

We found James the increasing policy below:

Total Cover
Amount:

£750,000

Monthly Premium
Cost:

£41.57

Duration of
Policy:

Until age 70

Speak to our team of experts for FREE
specialist advice today.

Monday to Thursday:

9:00am – 8:00pm

Friday:

9:00am – 3:00pm

Facts About Life Insurance.

Life insurance can serve multiple purposes, including income replacement, wealth transfer, estate planning, and business succession. But how does life insurance shape up with the UK population?

7.5 million families

in the UK have no life insurance or critical illness cover.

£40,000

The average life insurance policy in the UK covers only about £40,000.

28%

of UK adults believe life insurance is too expensive.

96.9%

of all protection case claims were paid in 2024

What Types of Life Insurance for 70s and Over Are Available?

Whole of Life Insurance

If you’re looking for cover for the rest of your life, a whole of life insurance policy can offer that security – as long as you continue to pay your premiums. Medical evidence may be required for larger cover amounts.

Term Life Insurance

This term can cover you for a set duration, like 10 or 20 years, for example. If you die or are given 12 months to live within that period, your beneficiaries will receive a payout. Your insurer may ask for medical evidence if you’re looking for a larger cover amount.

How different policies payout over time.

Benefit from Our Life Insurance Policies Today.

Relax, knowing that your family can receive the financial support that they need after you pass, and trust The Insurance Surgery to guide you through the life insurance process. With 25 years behind us, we are a trusted broker known for our expertise, prioritising transparency, and providing excellent customer service. So, rely on us to ensure you receive the cover you need at a fair and affordable price.

For a life insurance quote, contact us today on 0800 083 2829 to schedule a free consultation and take the first step towards protecting yourself and your loved ones financially.

Do You Need Life Insurance?

Price Promise.

Obtain a cheaper quote elsewhere, we’ll beat the price and also give you a £50 gift card!

We are committed to offering unbeatable prices. Our Price Promise ensures that we will find you the right cover for your circumstances.

Frequently Asked Questions

Can I get life insurance at 70?

Yes, absolutely. Despite concerns you may have about securing life insurance over 70, it is entirely possible for us to find a policy that suits your needs. So, if you’re interested in protecting your finances for the benefit of your loved ones, don’t hesitate to get in touch – we’ll sort the rest!

Is it worth getting life insurance at 70?

Of course! Life insurance can offer support to your family during difficult times, whether it’s used for covering funeral costs, paying off debts or covering mortgage payments. If you have family who are dependent on your income, it is certainly worth considering life insurance policies.

How much life insurance do I need at 70?

How much life insurance you need at 70 ultimately depends on how much financial support your family will require following your death. We recommend considering your expenses, debts and your family’s income. We’re happy to provide support on working out how large a payout you need!

What is the best life insurance for seniors?

Life insurance isn’t a one-size-fits-all type of situation – there are a number of life insurance policies that should be considered by people over 70. For starters, there is whole of life insurance and term life insurance, but you may even want to consider more specific policies like life insurance after cancer and diabetes life insurance.

How can The Insurance Surgery Help?

There’s no question that insurance can be complicated – that’s why we’re passionate about waving goodbye to fluffy jargon and putting it in a way that’s easy to understand! With 25 years of experience, you can depend on The Insurance Surgery to find the best policy that suits your needs.

We understand that securing life insurance for over 70s can feel intimidating, but we’re confident that we can find a policy that is certain to offer both you and your family peace of mind.

For more information on What medical conditions affect life insurance? Visit our Guide.

Life insurance is unique – just like you.

Life Insurance for Parents

Life Insurance for Men

Life Insurance for Women

Life Insurance for Self-Employed

Income Protection

Life Insurance for Smokers

For More Information, Check Out Our Latest Blogs

Stay informed with the latest updates in the insurance industry for 2025 here.

We aim to provide clear advice, breaking down the jargon, so you understand the importance of protection insurance.

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Life Insurance Over 70

What is Over 70 Life Insurance?

How Does Over 70s Life Insurance Work?

Do You Need Life Insurance?

Life Cover Terminology

Why Choose The Insurance Surgery?

Rated ‘Excellent’ on Trustpilot.

25 years Experience

Access to a range of insurers.

Award-winning broker.

How Much Does Life Insurance for Over 70s Cost?

For more information on What medical conditions affect life insurance? Visit our Guide.

Life insurance cost, case study.

Monthly Premium Cost:

£41.57

Duration of Policy:

Until age 70

Speak to our team of experts for FREE specialist advice today.

Monday to Thursday:

Friday:

Facts About Life Insurance.

7.5 million families

in the UK have no life insurance or critical illness cover.

£40,000

The average life insurance policy in the UK covers only about £40,000.

28%

of UK adults believe life insurance is too expensive.

96.9%

of all protection case claims were paid in 2024

What Types of Life Insurance for 70s and Over Are Available?

Whole of Life Insurance

Term Life Insurance

How different policies payout over time.

Benefit from Our Life Insurance Policies Today.

Do You Need Life Insurance?

Price Promise.

Obtain a cheaper quote elsewhere, we’ll beat the price and also give you a £50 gift card!

Frequently Asked Questions

For more information on What medical conditions affect life insurance? Visit our Guide.

Life insurance is unique – just like you.

Life Insurance for Parents

Life Insurance for Men

Life Insurance for Women

Life Insurance for Self-Employed

Income Protection

Life Insurance for Smokers

For More Information, Check Out Our Latest Blogs

Monday to Thursday:

Friday:

Monthly Premium
Cost:

Duration of
Policy:

Speak to our team of experts for FREE
specialist advice today.