How Can I Benefit Over 50s Life Insurance?

This type of life insurance cover is for people from 50 to 80 years old. There is a constant monthly premium to be paid and when you pass away, your family or children will receive a certain amount of lump sum. This cover is for life, so you don’t need to worry about how this policy is going to last. You must know that if the policyholder passes away during the first year of this cover and if it is not an accident-related situation, premiums will be paid back but not the lump sum specified.

What Are The Terms Of Over 50s Life Insurance Plans?

There are two options for you to choose from, you can either choose your monthly payment amount or the amount of coverage you have in mind. There is no need for answering medical questions or having health check reports to obtain Over 50s Life Insurance Plans. You also don’t need to think about payment increases because your monthly payments will be at a fixed rate.

Since your beneficiaries will be the ones who get the money when you pass away, you can name them in your will. However, the payout will be considered as a part of your estate. This could well mean that the payout would be liable to inheritance tax and might undergo large cuts. Placing your policy in trust and nominating trustees to manage your payout is a way of guaranteeing that the money will reach the people you love.

Why Is Over 50s Life Insurance Plan So Advantageous?

  • It is guaranteed that your application will be accepted if your age is between 50-80 and you are a UK resident.
  • You will pay the same price until you pass away.
  • You will choose the amount to pay each month.
  • You will be covered until you pass away.


We would recommend you to talk to one of our advisers for life insurance quotes.
Any quote that your adviser provides you with will take into account your circumstances, your medical history, as well as your budget!
Call 011-3733-4610 – Monday to Thursday from 11.00 to 19.00 and on Friday between 11.00 and 16.00
Call Now Button