What's the cut off age for income protection?

Finder research shows the cut-off range for income protection ranges between 55 and 65 in Australia. The maximum age varies from insurer to insurer. We didn't analyse the entire income protection market. Income protection provides cover for up to 75% of your regular income in if you're forced to take time out of work as a result of serious injury or medical condition. Policies can be tailored to include a range of features to give you the right support during your recovery period. Cover for rehabilitation expenses, nursing care and bed confinement are just a few of the benefits available.

Do income protection policies held in super have different age limits and requirements?

The options, maximum entry ages and maximum age limits will vary between individual policies and insurers – both inside super and outside. Each policy should be considered on its own merits. Typically, cover options generally become more limited after age 59 or 60 (and there are some limitations more broadly with insurance held inside super ). If you're planning on working beyond age 65 it's preferable to check your cover as soon as possible and see if you're still protected beyond that age.

Income protection for over 60s: Compare plans

Finder analysed 12 insurers and found 6 had a maximum entry age of 60. Most other brands cut off at either 55 or 59. Aspect Income Protection will cover you up to the age of 65.
Income protection insurers usually pay benefits for up to 2 years, 5 years or until the age of 65.
For those over 60, choosing a shorter benefit period is one way to keep costs low.

Compare income protection for over 60s

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Finder Score	Online quote offered?	Maximum % of income covered	Maximum monthly benefit	Average Claims Acceptance Rate
Finder score 9.8 Excellent Aspect Income Protection	Finder score 9.8 Excellent		Up to 85%	$42,000	Data not available	More info Compare product selectionCompare	loading

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Finder Score - Income Protection

Income Protection is a little complicated and a lot overwhelming. That's why we made the Finder Score, to make it easier to compare Life Insurance products against each other. Our experts analysed over 12 products and gave each one a score rank out of 10.

But a higher score doesn't always mean a product is better for you. Your situation is unique, so your policy choice will be too. Don't think of Finder Score as the final word, but as a good place to start your life insurance comparison.

Read the full methodology

Australian brands who offer income protection for 60s and over

Provider	Maximum age
Aspect	65
Zurich	60
NobleOak	60
TAL	60
AAMI	60
RAC	60
Real	60
HCF	60
Insuranceline	60
Suncorp	60

*This table was correct as of on 14 April 2025. Keep in mind that restrictions may apply. For example, some occupations won't be covered after a certain age.

If you're having trouble finding advanced age income protection insurance it may be worth consulting an insurance broker to help with your situation.

What's the benefit of having income cover in your 60s?

Cover against risks. Life today is full of uncertainties; income protection helps you keep up with your expenses if an injury or illness puts you out of work in the short term e.g. 6 months.
Tax concessions. Plans may be tax deductible in some circumstances. If you buy a direct income protection insurance policy, then you could get some money back on your annual tax return.
Helps with ongoing bills, including the mortgage. Insurance also acts as a tool to cover mortgages and loans taken by the policyholders so that, in case of any unforeseen event, the burden of repayment does not fall on family members.

Finder survey: What percentage of Australians were prompted to take out income protection insurance due to retirement?

Response
Retirement	8.8%

Source: Finder survey by Pure Profile of 1110 Australians, December 2023

Can my age limit be extended if I bought my policy before 64?

Some policies will let you extend the age limit, but may impose additional conditions after a certain age. Other policies will guarantee renewability up to a certain age limit. For example, Suncorp lets you retain cover until age 75. However, you need to take out a policy before age 60.

Others, such as AIA income protection policies, offer a "2-year benefit period to age 70" option. This can insure you up to age 69, but includes the following conditions:

Policy owners must be between 61 and 65 years of age at their next birthday to be eligible for this benefit.
Maximum benefit payment of $20,000 applies.
Only available with a stepped premium structure. Premiums are not available as level or optimum.
Other benefits received under government age pension will be offset against benefit payable.
Expiry date is the policy anniversary prior to the policyholders 70th birthday. Therefore, the age limit is 69 despite the name of the option. The cover and any benefit payments being made will be at this date.

What to look for when comparing income protection policies if you're over 60

Benefit period: Income protection pays you a benefit up to 75% of your gross monthly income. The length of cover may vary between each provider but there are income protection policies which extend cover to age 65. So even if you are 60 or older, there is still something for you.
Premium waiver: A waiver feature lets you waive the premiums when you are receiving the pay-out, and retain the police without payment of premiums.
Guaranteed insurability: Also referred to as "guaranteed renewability", this is an important feature. It means the insurer cannot decide to decline your policy renewal, and that you'll retain cover until the expiry age as long as you don't let it lapse. Without this feature an insurer may decide not to renew your cover after a certain age, when the risks, and therefore the chance of paying out, is higher. Moreover, a non-cancellable contract may also let you renew your cover even after making a claim. Policies with this option may cost more than those without, but the security is generally well worth it.
Waiting period: Another thing that you should be looking for is the length of the waiting period. How long are you willing to wait before you can cash in your claim? Income protection has flexible waiting periods you can choose from between 14 days to 24 months. Some policies offer a no waiting period feature, however, policies with no or short waiting periods typically have higher premiums than those with longer waiting periods.
Rehabilitation expenses benefit: A feature that benefits anyone over 60, this benefit pays you an additional amount to help with rehabilitation costs. Other income protection policies also have added medical and surgical expenses benefits. This offer will vary from provider to provider. The best way to find out if these add-ons are available is to compare various income protection policies from different insurers.

Speak to an insurance specialist to help you find personalised cover

More helpful articles

Frequently asked questions

Finder research shows the cut-off range for income protection ranges between 55 and 65 in Australia. The maximum age varies from insurer to insurer. We didn't analyse the entire income protection market.
Income protection provides cover for up to 75% of your regular income in if you're forced to take time out of work as a result of serious injury or medical condition.
Policies can be tailored to include a range of features to give you the right support during your recovery period. Cover for rehabilitation expenses, nursing care and bed confinement are just a few of the benefits available.
The options, maximum entry ages and maximum age limits will vary between individual policies and insurers – both inside super and outside. Each policy should be considered on its own merits. Typically, cover options generally become more limited after age 59 or 60 (and there are some limitations more broadly with insurance held inside super).
If you're planning on working beyond age 65 it's preferable to check your cover as soon as possible and see if you're still protected beyond that age.

Thank you for your feedback!

Written by

Richard Laycock

Editor

Richard Laycock is Finder’s insights editor after spending the last five years writing and editing articles about insurance. His musings can be found across the web including on MoneyMag, Yahoo Finance and Travel Weekly. Richard studied Media at Macquarie University and The Missouri School of Journalism and has a Tier 1 Certification in General Advice for Life Insurance. See full bio

Co-written by

James Martin

Journalist

James Martin was the insurance editor at Finder. He has written on a range of insurance and finance topics for over 7 years. James often shares his insurance expertise as a media spokesperson and has appeared on Prime 7 News, Insurance News, 7NEWS and The Guardian. An experienced journalist, James' work has featured in publications including The Irish Times, Companies100 and In Business. He holds a Tier 1 General Insurance (General Advice) certification and a Tier 1 Generic Knowledge certification, both of which meet the requirements of ASIC Regulatory Guide 146 (RG146). See full bio

James's expertise

James has written 184 Finder guides across topics including:

Car, home, life, health, travel and pet insurance
Managing the cost of living
Money-saving tips

More resources on Finder

More guides on Finder

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The majority of income protection insurers set an entry age limit of 59 or 60, but there are some exceptions. Compare insurers who offer income protection if you're over 60.