Just because you’ve retired doesn’t mean you can’t get insurance. With age-specific policies, you can help protect your loved ones from the burden of unexpected costs.
While many people take out insurance while they’re bringing up their family, they often neglect to renew their cover as they get older.
Although your financial commitments may be fewer in retirement, it’s still important to protect your loved ones against sudden financial shocks. For example, if you were to pass away suddenly, funeral costs and unpaid bills could leave your partner and your family with a financial headache.
Even if you haven’t had life insurance in the past, there are a number of policies on the market designed to meet the needs of older Australians, of which funeral insurance is one.
- Silver Life Cover is simple and affordable life insurance for the over 50s — so you can protect the people you care about most, even when you’re no longer there.
- Funeral expenses insurance helps to cover your funeral costs if you pass away, letting your loved ones say goodbye without the financial stress of paying the bills you leave behind.
By having the insurance you need, you can relax and enjoy your retirement — knowing your family won’t have to find the money to cover bills you leave behind.
Find out more
To find out more about your life insurance options, request an information pack or get a fast quote online.