Struggling to get life insurance

[Berberis]

OP, we are all going to die one day and for this reason life insurance only covers you until a specific age. Some will but their premiums are much higher due to the high risk. The likelihood of someone 70+ dying is exponentially higher then someone in their 30's and premiums reflect this. It doesn't matter if you or your partner is in the best of health, statistically you are a much higher risk.

 

Insurance is nothing more then a bet from the insurer you will not need to be paid out. They take a risk and use all their data to predict the likelihood of a pay out.

 

There are a number of insurance plans for the 50+ age group but these are not generally life insurance but rather payouts to cover funeral costs etc.

[Downsunder]

That is ridiculous Downsunder, but sadly, typical, and it's the reason why I have as little to do with insurance companies as possible.

 

Ditto, you are talking to one of Australia's greatest insurance sceptics, I even baulk at car and house insurance but if I get started I will go so off-topic . . .

[Jeffrey Shaw]

Maybe try Saga or Age UK? Both have insurance agencies and contacts.

[web1]

Why is he struggling?

Is it age or health related issues?

I am 36 and struggled because of my health issues, I have Chrohns disease.

If it is health try and get on to a specific forum and they'll point you in the right direction.

It's obviously more than a normal policy but that's to be expected.

If it's age related then u can't offer anymore, I'm only 36!!

[spilldig]

Ditto, you are talking to one of Australia's greatest insurance sceptics, I even baulk at car and house insurance but if I get started I will go so off-topic . . .

 

Yes. as you say, I only insure if I absolutely have to. I'e travel insurance, third party vehicle insurance etc, and I don't want to get started on insurance companies either.

[cherriepie]

Why is he struggling?

Is it age or health related issues?

I am 36 and struggled because of my health issues, I have Chrohns disease.

If it is health try and get on to a specific forum and they'll point you in the right direction.

It's obviously more than a normal policy but that's to be expected.

If it's age related then u can't offer anymore, I'm only 36!!

Yeah he had a heart attack in 2010 due to working very long hours, so he changed jobs and has a healthy diet and keeps fit and doesn't smoke. He's had no ill effects since and just has to take an aspirin a day.

[Danny_Boy]

Yeah he had a heart attack in 2010 due to working very long hours, so he changed jobs and has a healthy diet and keeps fit and doesn't smoke. He's had no ill effects since and just has to take an aspirin a day.

 

Hi Cherriepie, this might be something my company can help you with, we have specialist insurance advisors that know insurance policies and providers inside out. We have insured clients who have a history of heart attacks so I'm sure they'll be some options for you.

 

The insurance advice is fee free, drop me a PM with your contact details if you would like me to get our experts to give you a call, they'll be able to get some quotes for your husband.