How much does
Over 50s cost?

• Your amount of cover will depend on the monthly premium you choose.
• Our premiums start from just £5, depending on your age and your smoker status.
• Once you do choose a premium, it won’t go up, and your cover continues for the rest of your life, even though you stop paying premiums at age 90.
• If your circumstances change, you have the option to reduce your premium if you've had your plan for a year (minimum premium applies). 
• You are guaranteed acceptance with no need for a medical, as long as you’re a UK resident aged between 50 and 80.
• Full cover is payable after one year or if you pass away within the first year, we will refund any premiums paid. However, if you die as a result of an accident then full cover will be paid.

• It is not a savings or investment product and has no cash value unless a valid claim is made.
• The cash payout is fixed, so inflation will reduce it's buying power in the future.
• If you stop paying premiums when due, your plan will be cancelled and you won't get anything back.
• Over 50s Fixed Life Insurance is not designed to meet the full costs of a funeral, and does not guarantee to do so.

Full information can be found in our Policy Summary (PDF:121KB) and the Policy Terms and Conditions (PDF:110KB).

The final thing to bear in mind is that, depending on how long you live after taking out your policy, total premiums paid may be more than the cash sum that's paid out when you die.