Over 50s Life Insurance

As life expectancy increases, it’s never too late for life insurance.

It’s official – as of 2011, life expectancy is higher than it has ever been before. A baby boy born in 2011 could expect to live to be almost 78 and a girl almost 82 – and that’s assuming mortality rates don’t change. If medicine advances over the next few decades, their life spans could be even longer.

For those of us who are already adults, the results are just as surprising. In 2009 a man who had just turned 65 could expect to live another 17.6 years, and a woman another 20.2 years.*

So what does this mean for you?
Many people think that they’re too old for life insurance, but because of longer life expectancies, it has become more common to take out life insurance in your 60s or 70s as protection for your loved ones. That is why we have developed our Over 50s life insurance plans.

You might be surprised how low your premiums could be and our over 50s life insurance plans don't require a medical or health assessment, and acceptance is guaranteed.

Find our more about Over 50s Life Insurance Plans

Why take out life insurance when you’re over 50?
Your reasons will be the same as anyone’s – to help financially support  the people you love. Your insurance payout might be used to:

• Protect your partner. Sadly, longer life spans can mean longer spent apart. If you were to die, your partner would need to live without you, and it’s important to know that they won’t face years, or even decades, of struggling to make ends meet
• Leave a nest-egg. We all want to leave something for our families, whether it’s to help a grandchild through university or just give your family some extra financial security. Taking out Over 50s life Insurance  means that you can be sure of leaving a helping hand behind
• Cover funeral expenses. You don’t want your death to leave your family with the stress of arranging a funeral. By organising and financing your funeral in advance, you can help your loved ones during a difficult time.

Get a quote for over 50s Life Insurance

What are your options?
It’s important to understand the range of Over 50s Life Insurance plans, and what you choose will depend on your age, your goals and what you’d like to spend. We offer three different types of Over 50s Life insurance plans:

• Fixed life insurance plan
  If you’re looking to help protect your partner or family, this could be the type for you. Fixed life insurance provides a cash lump sum in the event of your death after 2 years.  The fixed plan could be for you if you want to know what your premiums will always be making it easier to plan ahead. Fixed Life Insurance premiums are affordable, from as little as £5 per month.
  Get a fixed life insurance quote
• Increasing life insurance plan
  Like fixed plans, this cover provides a cash lump sum in the event of your death after 2 years. Increasing means the lump sum increases over time to keep up with inflation when you increase your premiums.
  Get a increasing life insurance plan
• Insured funeral plan
  This is the type to go for if you’re worried about funeral expenses. You pay premiums, just as you would for traditional life insurance, but the money paid out goes directly towards your funeral. You can help make sure that everything is paid for  and organised in advance. Terms and Conditions apply.
  Get a cheap funeral insurance quote

Not sure what's right for you? Get help choosing the right Over 50s Life Insurance Plan.

Learn more about our Over 50s Life Insurance Plans.

*Office for National Statistics, 2010