Over 50s Life Insurance
Over 50s Life Insurance is a simple way to leave money for your loved ones when you die. This is a lump sum that can be used to settle outstanding debts, leave as a gift, or pay for your funeral. One of the most common reasons people take out an over 50s policy is the affordable premiums. An over 50s Life Insurance policy holds no cash value for the policyholder, making it an entirely selfless purchase. The policy only holds value to your beneficiaries when you die.
What is Over 50s Life Insurance?
Over 50s Life Insurance is a policy that can only be taken out if you’re aged between 50 and 80 – 85 depending on the insurer. You pay a fixed monthly amount which secures a cash sum for your loved ones when you pass away, as long as you have continually paid into the policy. Whether you’re over 50, 60, or 70, arranging an over 50s policy is simple. An over 50s policy guarantees acceptance, meaning you will qualify for cover regardless of your current health or lifestyle.
How much does it cost?
Fixed Over 50s Life Insurance premiums start from £5 a month but this depends on a range of factors such as your age and how much cover you require.
Find out how much your monthly premiums would be by filling in our quote form Get a Quote.
