Over 50s Life Cover plus
A simple, affordable way to leave behind a cash lump sum for your loved ones
Not all Over 50s Life Cover is the same
Over 50s Life Cover Plus is a quick and simple way to leave behind some helpful money for your family. Anyone can apply as long as you are between 50 – 80 years old and a UK resident. Like everyone else, we offer guaranteed acceptance without a medical.
How your cover works
Funeral funding option
Frequently asked questions
When does my Over 50s Life Cover start
Immediate cover is available in most cases if you apply for Over 50s Life Cover Plus online or by phone. If you apply by post, your cover will start once we’ve processed your application and you should get your policy documents within a few days.
How long does my Over 50s Life Cover plus last?
You’ll be covered for life as long as you pay your premiums. What's more, once you reach the age of 90 you stop paying premiums but your cover will carry on until you die or if you claim a terminal illness pay out. However, if you stop paying premiums before you’re 90, your plan will stop and you won’t get anything back.
How much will my Over 50s Life Cost?
Premiums start from as little as £8 and go up to £75
Do I need a medical?
No. We guarantee to accept you without a medical. We don't ask any intrusive questions and we don’t need a medical report.
Will my Over 50s life cover premium ever increase?
No. Even as you get older or if you become ill.
Will you stop or reduce my life cover if I get ill?
No. We only stop your cover if you stop paying your premiums before the age of 90.
Can I cash in my policy?
No. Your over 50s life cover policy isn’t a savings plan and has no cash in value at any time. It only pays out when you die or claim serious or terminal illness benefit. If you cancel your policy within the first 30 days you’ll receive all of your premiums paid back.
Will the pay out be taxed?
The pay out on death won’t attract Income Tax and Capital Gains Tax, but it may be subject to Inheritance Tax unless your policy is written in trust. This reflects our current understanding of the law and the HMRC practice, which can be subject to change.
When do I stop paying into the plan?
Unlike some other providers, you only pay your premiums until you reach the age of 90. After that, you don't have to pay any more premiums, but you are covered for life.