2026 Guide · Quebec
At age 50 or 60, the premium is higher, but the coverage can still be relevant: here are the points to consider.
Compare plansCritical illness insurance after age 50 is still possible, but the premiums are higher and the medical assessment is more thorough. Here’s how to decide.
How much does it cost at age 50 and 60?
Indicative examples for $100,000 of capital, non-smoker, coverage at age 75:
| Age at subscription | Non-smoking female | Non-smoking male | With premium return |
|---|---|---|---|
| 30 years | $22 / month | $28 / month | + 40 to 55% |
| 40 years old | $46 / month | $62 / month | + 40 to 55% |
| 50 years | $102 / month | $148 / month | + 45 to 60% |
| 60 years old | $225 / month | $330 / month | + 50 to 65% |
Indicative monthly premiums: $100,000 principal, 25 illnesses, coverage at age 75, non-smoker. Exact price on quote.
Insurers
set a maximum age for subscription, which varies depending on the formula (often around 65 years old). A medical questionnaire, sometimes an examination, is required. Your personal and family history can influence acceptance and price.
Is it still profitable?
The answer depends on your situation: remaining debts, dependents, savings available to absorb a loss of income. For some, a smaller capital or shorter-term coverage meets the need at a more reasonable cost. Others prefer to rely on their existing savings and coverage.
Alternatives to consider
Disability insurance, a dedicated savings reserve, or a combination of several types of coverage depending on your priorities.
Reasons to take out at age 50 or older
The risk of a diagnosis increases with age, and the expenses (loan, support for children or parents) are often still present. Targeted protection can avoid dipping into retirement investments in the event of a hard blow.
Reasons to refrain
If your debts are paid, your savings more than cover a work stoppage, and no one is dependent on your income, insurance with a premium of several hundred dollars per month may not be the best use of your budget.
In this case, it is better to have a savings reserve or other more suitable protection.
Good to know: Age limits and rates vary depending on the insurer. A personalized quote gives the exact price.
Service throughout Quebec
Partner firms registered with the AMF serve clients in Montréal, Québec City, Laval, Gatineau, Sherbrooke, Trois-Rivières, Saguenay and Longueuil, by telephone or online.
Frequently asked questions
Can you get critical illness insurance at age 55?
How much does it cost at age 50?
Is the medical examination compulsory?
Can my family history make me refused?
Are there cheaper alternatives?
How do I know if it’s for me?
Get your critical illness insurance quote
Free, in 3 minutes, via partner firms registered with the AMF.
Get my quote1-866-357-4451Complete guide, indicative rates, FAQs Premium refundHow much does critical illness insurance cost in Quebec? Prices according to ageList of critical illnesses covered by critical illness insurance (and exclusions)Critical illness insurance at 10 years, 20 years or up to 75 years old: which duration to choose?
