Term Insurance Plans for 65 years and above Individuals

Reaching 65 is a milestone. But your financial responsibilities—and the desire to protect your family—don’t stop there. Whether it's settling debts, covering final expenses, or leaving behind a secure legacy, term insurance for senior citizens can help you do it all with confidence.

Today, many insurers offer term plans tailored for individuals 65 and older—simplified, affordable, and focused on protection.

Yes—you absolutely can. And it may be simpler than you think.

Contrary to common belief, term insurance is available beyond age 65, though with a few considerations. Here’s what you should know:

• Insurers may ask for medical assessments or consider existing health conditions.
• Plans are tailored specifically for senior citizens, often with simplified underwriting.
• While premiums may be higher due to age, the coverage brings peace of mind and financial stability.
• Riders like critical illness or waiver of premium may still be available based on health status.

Explore personalised term plans designed for your stage in life—get a quote in seconds!

If your family depends on you—emotionally or financially—the answer is yes. Even whether your family depends on you financially or not, term insurance adds valuable financial security and peace of mind.

Even after retirement, term insurance can play a crucial role in your financial planning:

• Support for dependents: Ensures your spouse or dependent children are protected financially.
• Debt protection: Covers outstanding home, personal, or medical loans, so loved ones don’t bear the burden.
• Final expenses: Helps cover funeral and other end-of-life costs, easing emotional and financial strain.
• Estate planning: Simplifies asset distribution and legacy planning.
• Cost-effective protection: Compared to whole life policies, term plans offer focused coverage at a lower cost.

Worried about affordability? Explore plans based on your age, income, lifestyle and goals, compare premiums and get quote in a few minutes!

Stay financially independent and leave behind a legacy of protection.

Here’s why many seniors prefer term insurance:

• Affordable premiums: Cheaper than whole life insurance and focused on what matters—your loved ones’ security.
• Flexible term options: Choose policy durations that match your current responsibilities.
• No complex features: Simple, clear policies with a fixed sum assured and no surprises.
• Quick claim process: Most term plans offer faster payouts—so your family receives support when they need it most.
• Peace of mind: It’s not just about money—it’s about leaving behind certainty and care.

Check which plan most matches your age and goals → Compare term insurance now – Get Quote!

Pick the right duration based on your life stage and financial needs.

Here are the most common term options available:

• Short-term (5–10 years): Ideal if you're looking for temporary coverage or have short-term loans.
• Medium-term (15–20 years): Suitable for covering long-term dependents or retirement planning.
• Renewable plans: Allow you to extend your coverage without buying a new policy.
• Customisable terms: Some plans offer adjustable durations based on your retirement strategy.

Yes, you can still opt for substantial cover—even up to Rs. 1 crore in some cases.

Here’s how coverage typically works for seniors:

• Minimum coverage: Usually starts at Rs. 10 lakh to Rs. 50 lakh.
• Maximum coverage: Can go up to Rs. 1 crore or more, based on financial profile and insurer guidelines.
• Health matters: Your current medical status may affect eligibility and coverage amount.
• Age caps: Some plans have a maximum entry age or end-of-policy age—typically around 75 to 85 years.

Curious about your coverage eligibility? Compare plans, benefits and know your premium based on your age, goals, and lifestyle – Get Quote!

Just because you’ve crossed 65 doesn’t mean term insurance is out of reach. In fact, this may be the most meaningful time to invest in one—for your peace of mind, and your family’s future. From handling final expenses to preserving your estate, term insurance offers clarity and comfort.

Compare plans, check premium options, and protect what matters most—start now with a quote tailored to your age. Get Quote!

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