Over 50s Life Insurance Plan
Leave your family a nest egg or contribute towards your funeral from £8 per month
Our Plan provides a simple way to give your family a helping hand at a difficult time by paying a cash lump sum when you die.
Ways to apply
- You can get a quote and apply online
- You can apply by downloading an application form (PDF 47KB)
- Or you can call us on
0800 316 8435
we may record and monitor calls
Over 50s Life Insurance Plan - important things you need to know, please ensure you read
- Guaranteed acceptance for UK residents aged between 50 and 74.
- No medical or health questions asked when applying.
- You stop paying premiums at 90, but your cover continues for the rest of your life.
- If you stop paying premiums before your 90th birthday or your death, then the plan will end and you won't get anything back.
- Depending on how long you live you may pay in more than the cash lump sum paid out.
- Inflation will, over time, reduce the value of the cash lump sum paid out.
- However the amount of cover being provided increases automatically by 10% after the first five years, without any change to your premium.
- We’ll pay out the fixed cash lump sum provided you don’t die in the first two years of your plan.
- If you die within the first two years of your plan all the premiums you have paid will be returned. However, if your death is as a result of an accident, then the full cash lump sum will be paid out. Exclusions and limitations apply please refer to the Policy Summary (PDF 69KB) for details.
- Your premium amount is fixed once your policy starts.
- You can help make sure that the cash lump sum reaches the people you would like to protect by placing the plan in a Trust.
