Older people are often stricken by illnesses because of their age. To prevent the elderly from unfortunately suffering from a major illness or even cancer thus putting the family's finances at risk, you can purchase a senior citizen insurance policy for your parents. However, buying insurance for seniors is very different from buying insurance for other age groups; seniors have to face more stringent requirements to buy insurance. Sometimes you have to pass these senior-specific requirements to qualify for insurance for seniors.

To be honest, buying insurance for your parents is not an easy task because there are often some obstacles when buying insurance. For example, here are four main hindrances: 1. Age limit. All insurance policies have an age limit. Take critical illness insurance, for example, it is generally difficult to get the right one over the age of 55, and there are hardly any products to buy over the age of 60. And if you are over 65 years old, you have nothing to do with most products. The age range of the four protection types of insurance are: critical illness insurance requires an age range of 28 days-55 years old, million medical insurance requires an age range of 28 days-60 years old, exclusive accident insurance for the elderly requires an age range of 50-80 years old, term life insurance requires an age range of 18-60 years old. 2, it is difficult to buy insurance for the elderly through health notification: buy insurance, be sure to do a good job of health Inform. 

The elderly always have various diseases due to their age and declining body functions. Even though some of the elderly are not very old, there are some elderly basic diseases, such as diabetes, hypertension, cardiovascular disease and so on. And once they suffer from these diseases, it is very likely that they will not be able to pass the health notification and will be rejected by the insurance. At this time, it is not the person who picks the insurance, but the insurance picks the person. 3. Buy insurance for the elderly with high premium prices.When you buy insurance for older people, the premiums are often very expensive, and there may even be an inverse premium (premium > sum insured) when you buy critical illness insurance.

4, product coverage limits: insurance companies to control risk, the insurance coverage of older people to limit the amount of insurance. For example, for the same product, a 30-year-old young man can buy up to 500,000 coverage, but the elderly can only buy 100,000 coverage. Although there are many rules and restrictions on buying insurance for seniors, you should not give up on buying insurance for them. Even though some insurance requirements restrict seniors from buying insurance, there are still plenty of alternative insurance products available for you to choose from. If you go through some of the insurance requirements, you will find that some cancer insurance and critical illness insurance are also excellent options for you to buy insurance for your parents.

（Writer：Oli）