Over 50? Interested in a life insurance plan with guaranteed acceptance for UK residents that will pay out a lump sum?
Our Over 50s plans are provided by Legal & General and are designed to leave a nest egg for your family or help cover funeral expenses. There are two plans to choose from; a Fixed Plan, which provides a fixed lump sum on death and an Increasing Plan, which is reviewed in line with inflation so the benefit can increase to help keep up with rising costs. Premiums start from as little as £5 per month, that's equivalent to 16p per day!
Remember, life insurance gets more expensive the older you are – so it makes sense to consider applying before your birthday.
Important things you need to know about our plan
- If you take out a plan it has no cash in value at any time and if you stop paying premiums when they are due the plan will be cancelled and you won't get anything back.
- If you die within the first two years of your plan we will not pay the benefit but we will return all the premiums paid.
- Depending on how long you live, the total premiums paid may be greater than the benefit payable on death.
- You need to pay the premiums when due. However, if you reach your 90th birthday, you stop paying premiums but the cover continues for the rest of your life.
The plans are provided by Legal & General Assurance Society Limited, who are authorised and regulated by the Financial Services Authority.