Why take out Over 50 Life Insurance cover?

April, 2014 Vita Logo 150x150

Guaranteed Over 50s Plans

If you are searching for over 50 life insurance, we can help. Each year many people find obtaining life cover difficult because of pre-existing medical conditions such as asthma, angina, cancer or heart problems. This simply isn’t an issue. As long as you are a UK resident aged between 50 and 80, you’re guaranteed to be accepted for our over 50 life insurance plan without a medical or any intrusive questions, therefore immediate cover is available.

Why take out Over 50 Life Insurance cover?

You may already have some life insurance, which you took out some time ago. If this is the case, it’s worth thinking seriously about whether your existing cover is enough to fit your needs in the future, since people’s circumstances can change over time.

As a Guaranteed Over 50s Plan pays out on death, it could increase the amount you leave for your children or grandchildren to give them something to remember you by.

Another reason for thinking about this type of cover is that it can help take care of some of the worries of funeral costs. Have you made arrangements to help pay for your funeral expenses? If not, friends or family could be left with the bill.

In 2012 the average cost of a basic burial in the UK in was £4,314* (cost of cremation is slightly less).

The cost of dying in 2012, taking into account the costs of a funeral and estate administration, was an average of £7,114**.

* Engage Mutual Funeral Costs Report, 2012

** Sun Life Direct Cost of Dying Survey, 2012

Over 50 Life Insurance Summary

Choose our cover for the following:

  • Guaranteed Acceptance
  • Affordable Cover – premiums start from as little as £10 a month. The premium depends on the level of cover you choose and your personal circumstances.
  • Fixed Premiums – payments will never increase (premiums stop at age 90 but cover continues).
  • Guaranteed Payout – Whole of Life Insurance.

Please remember that it is not a savings plan and has no surrender value.


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