Can you buy funeral plans that have an age cut off point for premiums so you do not have to pay after a certain age but maintain cover till needed?

Posted on 17 December, 2017 at 19:15

Yes, for many people it is important to know that you would not have to continue paying premiums well in to your 80’s or 90’s at the time it is probably most unaffordable (but realistically at the very time it is most needed). When you complete our on-line enquiry form we will advise which insurers have an age cut off point.

One insurer who we often find is a very strong option has premiums that cease at age 85 and has cover free thereafter. This is available for anyone who purchases cover before they turn 76. On enquiry we will advise more details of this insurer and comment about other options also.

An insurer that does not have this cut off point becomes very unfavourable if you have a very long life as premiums will continue right through to claim time. Where possible an insurer that ceases premiums at age 85 (or similar) will be very much in your best interests and will also keep long term costs down.

Paul Woollams, Funeral Insurance Helpline

Posted on 17 December, 2017 at 19:15

Yes, for many people it is important to know that you would not have to continue paying premiums well in to your 80’s or 90’s at the time it is probably most unaffordable (but realistically at the very time it is most needed). When you complete our on-line enquiry form we will advise which insurers have an age cut off point.

One insurer who we often find is a very strong option has premiums that cease at age 85 and has cover free thereafter. This is available for anyone who purchases cover before they turn 76. On enquiry we will advise more details of this insurer and comment about other options also.

An insurer that does not have this cut off point becomes very unfavourable if you have a very long life as premiums will continue right through to claim time. Where possible an insurer that ceases premiums at age 85 (or similar) will be very much in your best interests and will also keep long term costs down.

Paul Woollams, Funeral Insurance Helpline