Critical Illness Cover for Over 50s
Direct Answer
Yes, you can get critical illness cover over 50, but it costs significantly more—expect to pay 2-3x what a 35-year-old pays. Most insurers stop accepting new applications around age 60-65. Health conditions may result in exclusions. A broker can help find the best options for your circumstances.
CI Cover Costs for Over 50s
Critical illness premiums increase sharply with age because the risk of claiming rises:
| Age | £100,000 Cover (Non-Smoker) | Policy Term |
|---|---|---|
| 50 | £80-130/month | 15-20 years |
| 55 | £120-200/month | 10-15 years |
| 60 | £180-300/month | 5-10 years |
*Indicative prices. Actual quotes depend on health, lifestyle, and provider.
Challenges for Over 50s Applicants
- Higher premiums — Age is the biggest factor in CI pricing
- Health conditions — More likely to have conditions that require exclusions or loadings
- Age limits — Many insurers won't offer new policies past 60-65
- Shorter policy terms — Maximum terms may be limited based on age at application
- More medical underwriting — Expect detailed health questions and possible GP reports
Tips for Getting CI Cover Over 50
- Apply before your next birthday — Premiums jump at each age band
- Be honest on applications — Non-disclosure can void claims
- Consider lower cover amounts — Reduces premiums significantly
- Look at decreasing cover — If protecting a mortgage, this costs less
- Use a specialist broker — We know which insurers are best for older applicants
- Consider shorter terms — Cover until mortgage is paid or retirement
Alternatives to CI Cover for Over 50s
If CI cover is too expensive or unavailable, consider:
- Income protection — Often available to older ages, pays monthly income if unable to work
- Over 50s life insurance — Guaranteed acceptance but lower payouts, typically for funeral costs
- Private health insurance — Covers treatment costs rather than income replacement
- Savings/investments — Self-insure if you have sufficient assets
- Debt reduction — Lower your protection needs by paying down mortgages and loans
Is CI Cover Worth It at 50+?
It depends on your circumstances. Consider:
- Do you still have a mortgage or significant debts?
- Would your family struggle financially if you became seriously ill?
- Do you have other savings or assets to fall back on?
- How close are you to retirement and pension access?
For many over 50s, the high premiums may not represent good value. But if you have ongoing financial commitments and limited savings, CI cover can still provide valuable peace of mind.
Frequently Asked Questions
Can I get critical illness cover over 50?
Yes, most insurers offer CI to over 50s, but premiums are higher and some have age limits around 60-65 for new applications.
What age can you no longer get CI cover?
Most insurers stop new applications at 60-65. Some specialists may go to 70 in limited circumstances. Existing policies can continue past these ages.
Is CI cover worth it at 55?
Depends on your financial situation. If you have a mortgage, debts, or dependents and limited savings, CI can provide valuable protection. If you're debt-free with good savings, it may not be necessary.
Related Topics
Content reviewed: January 2026