You can take out a single policy on your own life, or you can choose a joint policy to include your partner. Our joint policy allows you to choose different benefit amounts for you and your partner to suit your needs. This means that both benefit amounts could be paid out to your loved ones.
Five reason why to buy life cover
1. 5 Star Rating - from Fairer Finance for product features. No other over 50s plan has a 5 Star Rating. 2. Fairer Cover - if you need to stop paying, your family can still get at least half of the pay-out when you die, as long as you're at least halfway through paying for your policy. That's halfway from the start of the policy until the policy anniversary date after you turn 90. You stop paying at that policy anniversary or when you die, whichever comes first.
3. Cover from 2,000 to 20,000 - depending on your age,
4. Immediate cover for accidental death - if you die from an accident in the first year. 5. Full cover - after just one year. Some make you wait two years.
Guaranteed acceptance
You want the best for your loved ones, and to make things as easy as possible for them when you die. You wouldn't want to leave your loved ones with added financial worry at a difficult and emotional time.
And Accidental Death Benefit means we'll pay the full cash sum if you die as the result of an accident, even if you've had your plan for less than two years. No medical, guaranteed (if you're aged 50-85 and a UK resident). Fixed premiums start from just 1.50 a month - the lowest in the market.
Fixed premiums
Everyone's different and we want you to get the life cover that you need. Here are a couple of ways that you can tailor your plan to fit you perfectly.
No one's needs are the same, so we offer two products.
As well as our Over 50s Life Insurance policy, we also offer Over 50s Life Insurance with the Lifetime Payback Guarantee. If you choose this policy, you'll get all the same benefits as our Over 50s policy plus your loved ones will either get back your cover amount or the total premiums you have paid - whichever is more.
You can choose any premium, starting from 3.90 up to a maximum of 74 (96.20 if you choose the Premium Cap Option), as long as your life cover, across all your Guaranteed Over 50 Plans, doesn't exceed 18,000. You'll pay this amount every month for life, or, if you choose the Premium Cap Option, for the length of time you have agreed to pay premiums.
It's possible that you may pay more into your policy than you receive. If, for example, you took out an over-50s life insurance policy at 50 and paid 25 a month for 10,000 of cover, you'd have paid more in than you could receive if you live past 83.
Plus you'll get FREE cover from the policy anniversary following your 95th birthday and your cover will continue for life. You'll be covered anywhere in the world and if your health or lifestyle changes, your over 50s life cover will not be affected.
Free cover
Many people take out life insurance so that a lump sum can be used to pay off a mortgage, or settle outstanding debts, when they die. But if you were to take out life insurance at 50, you'd find the premiums much more expensive than if you were 30 - and it's likely that you'd see some restrictions on the term of your cover.
What is over-50s life insurance?
If you die as a result of an accident anytime during your policy, we will pay out 3 times your selected benefit amount. This means if you select a 10,000 benefit amount and you die as the result of an accident, we will pay out 30,000.
Five reason why to buy life cover
1. 5 Star Rating - from Fairer Finance for product features. No other over 50s plan has a 5 Star Rating. 2. Fairer Cover - if you need to stop paying, your family can still get at least half of the pay-out when you die, as long as you're at least halfway through paying for your policy. That's halfway from the start of the policy until the policy anniversary date after you turn 90. You stop paying at that policy anniversary or when you die, whichever comes first.
3. Cover from 2,000 to 20,000 - depending on your age,
4. Immediate cover for accidental death - if you die from an accident in the first year. 5. Full cover - after just one year. Some make you wait two years.
Guaranteed acceptance
You want the best for your loved ones, and to make things as easy as possible for them when you die. You wouldn't want to leave your loved ones with added financial worry at a difficult and emotional time.
And Accidental Death Benefit means we'll pay the full cash sum if you die as the result of an accident, even if you've had your plan for less than two years. No medical, guaranteed (if you're aged 50-85 and a UK resident). Fixed premiums start from just 1.50 a month - the lowest in the market.
Fixed premiums
Everyone's different and we want you to get the life cover that you need. Here are a couple of ways that you can tailor your plan to fit you perfectly.
No one's needs are the same, so we offer two products.
As well as our Over 50s Life Insurance policy, we also offer Over 50s Life Insurance with the Lifetime Payback Guarantee. If you choose this policy, you'll get all the same benefits as our Over 50s policy plus your loved ones will either get back your cover amount or the total premiums you have paid - whichever is more.
You can choose any premium, starting from 3.90 up to a maximum of 74 (96.20 if you choose the Premium Cap Option), as long as your life cover, across all your Guaranteed Over 50 Plans, doesn't exceed 18,000. You'll pay this amount every month for life, or, if you choose the Premium Cap Option, for the length of time you have agreed to pay premiums.
It's possible that you may pay more into your policy than you receive. If, for example, you took out an over-50s life insurance policy at 50 and paid 25 a month for 10,000 of cover, you'd have paid more in than you could receive if you live past 83.
Plus you'll get FREE cover from the policy anniversary following your 95th birthday and your cover will continue for life. You'll be covered anywhere in the world and if your health or lifestyle changes, your over 50s life cover will not be affected.
Free cover
Many people take out life insurance so that a lump sum can be used to pay off a mortgage, or settle outstanding debts, when they die. But if you were to take out life insurance at 50, you'd find the premiums much more expensive than if you were 30 - and it's likely that you'd see some restrictions on the term of your cover.
What is over-50s life insurance?
If you die as a result of an accident anytime during your policy, we will pay out 3 times your selected benefit amount. This means if you select a 10,000 benefit amount and you die as the result of an accident, we will pay out 30,000.
About the Author:
One of the key benefits of best over 50 life insurance uk is that there is no medical requirement when you apply, meaning that you will have guaranteed acceptance should you wish to take out a policy. Apply now for life insurance no health questions.
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