What is Over 50's Life Insurance, and why do I need it?
Over 50s life insurance is a specialised policy tailored for individuals aged 50 and above. This policy ensures that upon your passing, a tax-free sum will be provided to your loved ones. This amount can be used for various purposes such as settling any outstanding debts, covering funeral costs, or offering financial stability to your family.
The benefits of over 50's life insurance:
Fixed Monthly premiums
The monthly payments for your policy remain the same, unaffected by inflation or the duration of your policy.
Even if you have certain health conditions you can still get an Over 50’s insurance policy without any complications.
Lump-sum pay out
Tax free lump sum payout which can be used to cover funeral expenses or leave to your loved ones.
Can I consider other life insurance options?
Of course you can! The best life insurance for you depends on your personal needs and circumstances.
However, a smart option in case you have health conditions and happen to be above the age of 50 would be an Over 50s life insurance. You’re accepted without any health questions or medical check-ups, and it pays out as long as you keep paying.
If not, you also have the option of choosing other policies like:
Think about what suits your personal circumstances to make the right choice, or speak to our insurance experts and get free tailored advice today!
How do I get a quote for over 50's life insurance?
It’s important to think about your personal requirements when getting and over 50s life insurance. To get started:
- Click on “Get your tailored quote” below.
- Answer a few simple questions for our experts to learn about your needs.
- Our over 50s insurance experts will advise you on your best options by taking into account your individual needs and work to find the best (tailored and affordable) policy for you.
What our customers say.
Frequently Asked Questions.
Can’t find what you’re looking for?
Over 50s Fixed Life Insurance is super easy to get because the insurers don’t ask about your health. You’re guaranteed to be accepted.
If you stop paying the monthly fees, your insurance coverage will be cancelled.
As one of the benefits of over 50s life insurance policies, your premiums are fixed. They won’t go up.
Lifetime Coverage Guarantee: One of the most significant differences is that over 50s life insurance provides lifelong coverage. This is in contrast to standard life insurance policies, which typically offer coverage for a predetermined term. With over 50s life insurance, as long as you continue making payments, you’re covered for life.
No Medical Examinations Required: Over 50s life insurance simplifies the acceptance process. Regardless of your health status or any pre-existing medical conditions, you’re guaranteed acceptance. This feature is akin to no medical life insurance, ensuring that coverage is accessible to everyone over 50 without the need for medical assessments.