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Expertly compared by David Allan

Products Updated April 20, 2018

Over 50’s Life Insurance

Over 50 and looking for life insurance? Over 50’s life insurance policy lasts a life time or up to a certain age and as with all life insurance policies will pay out a lump sum in the event of the policy holder passing away. Let our experts and providers find you a great deal.

FREE life insurance advice and comparison. Our experts can help find you a great deal from providers across the whole marketplace:

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All credit types
Rated 4.8/ 5

Lifes Great

Provider
Lifes Great

Products
Life Insurance

Speciality
Compares The Market

Whether you are looking for a cash lump sum payout or decreasing term mortgage life insurance, Lifes Great can provide you with a quote and a recommendation in under a minute. Free to use and you are under no obligation to proceed with any quote given.

Available via broker only
All credit types
Rated 4.5/ 5

LV

Provider
Liverpool Victoria

Products
Life Insurance

Speciality
Life Insurance

Life insurance from Liverpool Victoria will pay a lump sum should the worst happen, so you will have peace of mind that your family and loved ones will be financially protected when you’re no longer here. Even superheroes need protection.

Available via broker only
All credit types
Rated 4.7/ 5

Friends Life

Provider
Friends Life

Products
Life Insurance

Speciality
Life Insurance

Friends Life is now part of the Aviva Group. Get the cover you need to protect your family and loved ones when you're no longer around.

Available via broker only
All credit types
Rated 4.6/ 5

Legal & General

Provider
Legal & General

Products
Life Insurance

Speciality
Life Insurance

Life cover or life assurance helps you to financially protect the future of your loved ones. Life Insurance from Legal and General offers reassurance that your loved ones or family will still be looked after financially should the worst happen.

Available via broker only
All credit types
Rated 4.2/ 5

Zurich

Provider
Zurich Life Insurance

Products
Life Insurance

Speciality
Life Insurance

Zurich Life Insurance will pay out a cash sum if you die during the term of the policy, or if you are diagnosed with a terminal illness and are expected to live for less than 12 months. Plans can be tailored with optional extras to suit your individual requirements and to provide added peace of mind.

Available via broker only
All credit types
Rated 4.5/ 5

Royal London

Provider
Royal London

Products
Life Insurance

Speciality
Life Insurance

With a policy in place with Royal London , you can leave money to your loved ones when you pass away, to help protect your family financially. Get a free quote or apply online.

Available via broker only
All credit types
Rated 4.6/ 5

Ageon

Provider
Ageon Life Insurance

Products
Life Insurance

Speciality
Life Insurance

Ageon is here to help you reach your goals at every stage of your life. Part of that involves putting plans in place to adequately protect and insure you against the unexpected things in life.

Learn More Available via broker only
All credit types
Rated 4.6/ 5

Vitality

Provider
Vitality

Products
Life Insurance

Speciality

If the worst should happen, or you can’t work because of illness or injury, Vitality Life's 5-star Defaqto award-winning range of protection products will give you or your family payments to make things easier.

 

FAQ's

What is over 50's cover?

Over 50's life insurance policy lasts a life time or up to a certain age and as with all life insurance policies will pay out a lump sum in the event of the policy holder passing away. However the over 50's life cover has a qualifying period of 2 years during which the death benefit will not be payable. This type of insurance is suitable for anyone over 50 and does not require any medical examinations.

Once the policy details have been agreed, the policy holder will then be required to pay monthly instalments. The great advantage with this policy is that the premiums will never increase so you know exactly how much you will be paying per month.

How does it work?

Over 50's life insurance will pay out the full lump sum if the policy holder passes away after the agreed qualifying period. This policy does not require a medical so anyone can obtain a policy and therefore have the cover they require.

With this policy, there is a set qualifying period whereas the death benefit cannot be paid if you die within that agreed time, however, if you were to die within that agreed qualifying period there would be a payout of the premiums that had been paid by the policy holder to that date.

What are the features?

  • There is a terminal illness benefit, whereas if you have been declared as terminally ill and have no more than 12 months to live, there is a benefit amount paid out to help you and your family financially. This could also help with your mobility costs.
  • There is also a funeral benefit amount, this will be paid in advance to help cover and arrange any funeral costs. Meaning your family will not be left to deal with the grief whilst attempting to arrange a funeral.
  • Financial planning benefit, this is also an option, so if you were to gain any approved financial planning advice upon the payment of a life cover benefit a payment will be released to cover the cost.
  • Insurance amendments, you are able to amend your policy to suit your needs should your circumstances change at any time and still no medical examination will be required.

What are the benefits?

  • It is affordable and the policies still offer a great deal of coverage to suit your requirements
  • It is convenient, and gives you the power to purchase over 50's life insurance from the comfort of your own home without having to make a visit to the doctors
  • Simple and fits your needs, by choosing this option it avoids the full underwriting, any trip to the doctors and waiting for test results. This will make it a simple and quick process to ensure you protect the future of your family.
  • Fixed premiums, once the policy has been agreed in detail your monthly instalment will never increase so your payment will always remain the same.

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