Over 50s Life Insurance – We understand that not everyone wants to go through their medical history to take out a protection plan. We have the right cover for you. You don’t have to answer any health questions or pass any medical tests for Over 50s Life Insurance. If you are between the ages of 50 and 80 (or sometimes 85), the insurer is guaranteed to accept you.
Over 50s plans provide a guaranteed acceptance whole of life policy with no medical underwriting. You can generally use this policy to cover funeral arrangements or leave a gift to your family. Unlike a traditional Whole of Life policy where you pay a premium until you die, this policy in most cases has a premium end date. You stop paying (typically at the age of 90) but the policy continues and pays out when you die. The costs of your regular payments depend on your age and the amount of cover you choose. You must keep up you payments to stay on cover. This policy has no medical underwriting and so normally has a waiting time before you can claim the full death benefit.
Taking out life insurance at this age could make it easier for a surviving partner. You can also leave the ones you love a lump sum. They can use it to cover your funeral expenses – and for less than you might expect. It will provide you with the peace of mind that you can leave something for the people you love when you die.
Life expectancy has improved significantly in the last 50 years thanks to advances in medical science. Specific policies for the over 50s are designed to take into account that you are older. It also takes into account that you may have had some problems, including health problems, in earlier years. If you are worried about being over 50 years of age and are suffering from certain conditions, over 50s Life Insurance policy is the right cover for you. This policy accepts anyone, even people with pre-existing conditions.
We can help you choose a plan that suits your needs. Just press the “Get a free quote” button below to know more about Over 50s Life Insurance.
Some Over 50s Life Insurance policies offer add-ons like:
- Serious Illness
- Terminal Illness
- Emotional and Practical Support
- Bereavement Support
- Long-Term Care Advice
- Legal Advice
- Funeral Funding Option – to cover funeral costs