Over 50s Life Insurance could give your loved ones a
guaranteed lump sum when you die. It can be used to
help to pay funeral expenses, or perhaps to cover any
loans or bills you might still have when you die.
It is a single-life plan that pays out a lump sum when
you die, however,they will only pay the cover in the
first two years if you die as a result of an accident. The
lump sum is guaranteed, as long as you have paid your
regular payments until the date of your death or until
your 90th birthday. Your regular payments stop at age
90 but cover will remain in place for the rest of your life.
Anyone between the ages of 50-80 can take out this cover
and wont be asked medical questions ,so even if you have a
pre-existing medical condition you will still be accepted for
It’s a very affordable plan and a fantastic option for those who
can’t afford high insurance premiums or just want a sum of up to 25k
to be paid out when they die to cover funeral expenses etc.
Talk to us today about this policy.