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Over 50s Life Insurance

Over 50s Life Insurance

Over 50’s life insurance policies are different from standard life insurance policies. Standard life insurance is often taken out to cover expenses such as mortgage and taking care of young children. As you get older you may have paid your mortgage off and no longer have young children to pay for.


Over 50’s Life Insurance Policy is different, it allows you to plan ahead and cover other things such as funeral costs and provide financial support for your family through things like inheritance.

One of the main benefits of an over 50’s plan is guaranteed acceptance between the ages of 50 and 80 or 85 with no medical related questions. It is also a whole of life policy, which means it will pay out a cash sum when you die. The premiums are also fixed unlike normal policies which typically rise with age.

If you have health problems which increase the premiums of standard life insurance, then it may be wise to consider an over 50’s policy.

Remember, like standard policies, if you cancel the policy, then you will lose any money already paid in.