Life insurance after 80 is still available in Canada, but options are very limited and focused primarily on simple, guaranteed coverage.
Most senior life insurance policies at this age are designed to cover final expenses, with fast approval and minimal requirements.
Compare Life Insurance Quotes After 80
Life Insurance Options for Seniors Over 80
After age 80, life insurance options are significantly reduced. Most traditional and term life insurance policies are no longer available, and coverage is typically limited to no medical life insurance: simplified and guaranteed life insurance.
Common options include:
- Guaranteed life insurance – The most common option after 80, offering approval with no medical exams or health questions
- Simplified life insurance – Available in some cases, depending on the insurer and your health, with a few health questions
At this stage, policies are typically focused on covering final expenses such as funeral costs, rather than providing large financial protection.
| Type | Medical Exam | Health Questions | Approval Time | Cost | Best for |
| 1. Guaranteed Issue Life Insurance | Instant – 24 hours | $$$ | Seniors in their eighties with health conditions or prior declines | ||
| 2. Simplified Issue Life Insurance | Same day-few days | $$ | Seniors in their eighties who can answer a few health questions |
Challenges of Getting Life Insurance After 80
Life insurance after 80 comes with the most restrictions of any age group.
Many insurers no longer offer new policies at this age, and those that do often limit coverage amounts and product types. Traditional underwriting is typically no longer available, and even simplified options may be restricted depending on health.
Coverage amounts are smaller, often capped at levels designed to cover funeral and final expenses. In addition, most policies include higher premiums relative to coverage.
Because of these limitations, finding the right insurer becomes more important, as availability and pricing can vary significantly.
Cost of Life Insurance After 80
The cost of life insurance after 80 is significantly higher than at younger ages, reflecting increased risk and limited options. Also, not all life insurers offer insurance options for this age.
In general:
- Premiums are highest at this stage
- Coverage amounts are smaller, typically $5,000 to $25,000
- Guaranteed life insurance is the most common option and carries the highest cost
Life Insurance Brokers for Seniors Over 80 in Canada
Our brokers specialize in life insurance for seniors and can help you find insurers that still offer no medical life insurance quotes and coverage after age 80.
At this stage, availability varies significantly between companies. Some insurers may not offer coverage at all, while others may provide limited options with different pricing structures.
Working with a broker helps you identify insurers that are still active in this age range, avoid unnecessary applications, and secure coverage that fits your needs without overpaying.
How to Get Life Insurance After 80
At this stage, the focus shifts from optimizing rates to securing appropriate coverage.
- Focus on Guaranteed Options: Guaranteed life insurance is often the most reliable option, especially if health conditions are present.
- Choose Coverage for Final Expenses: Policies are typically designed to cover funeral and related costs (also called funeral insurance or burial insurance), so selecting an appropriate amount helps manage premiums.
- Compare Insurers Carefully: Availability and pricing vary widely between companies, even at this age.
Frequently Asked Questions About Life Insurance After 80
Can you get life insurance after 80 in Canada?
Yes, some insurers offer life insurance after age 80, although options are limited and typically focused on guaranteed coverage.
What is the best life insurance after 80?
Guaranteed life insurance is the most common and practical option, as it offers approval with no health questions.
Is life insurance expensive after 80?
Yes, premiums are high relative to coverage amounts, reflecting increased risk and limited availability.
Can I get life insurance with no medical exam after 80?
Yes, most policies available after 80 do not require a medical exam and are designed for simple approval.
How much coverage can you get after 80?
Coverage is typically smaller, often between $5,000 and $25,000, and is mainly used for final expenses.