Answered by Tom Conner
We have access to a wide range of life insurers who each have there own terms with varying limits on the age at which an individual can set-up a policy and a policy can end. These limits vary depending on the whether we are considering life insurance only or life insurance and critical illness cover.
Life insurance only for the purpose of business protection has greater age limits than the limits when including critical illness cover. Many life insurers will allow individuals to take out policies up to the age of 70 with a handful of insurers allowing new plans to be taken out up to age 80.
On the other hand life policies including critical illness cover have substantially lower age limits, entry ages are normally set at a maximum of 60 years while the maximum policy cease age is often limited to 70 years old.
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