Can I Get Disability Insurance If I Am Over Age 60?

Many disability insurance companies place limits on the coverages they will offer to applicants based on their age and occupation. Regardless of your age, Dave Ramsey recommends first checking with your employer to see if a group plan is available. Bear in mind that, even through a group plan, there will likely still be limited coverage available if you are over age 60 since most plans only pay benefits to age 65, which is still considered normal retirement age for actuarial purposes. Therefore, if you do purchase a new disability policy beyond age 60, most plans will only pay benefits if you become disabled up to age 65; after that, it is usually only for one or two years.