Over 50s life insurance

Find out how over 50s life insurance can ensure that your loved ones are taken care of financially, including help with funeral costs and other expenses, if you were to pass away. Over-50s life insurance is a type of life insurance for anyone aged over 50. You pay for this kind of life insurance with regular monthly instalments and when you die, it pays out a lump sum. Over 50s Life Insurance from Post Office is a simple way to leave your loved ones a cash sum when you die – as a gift, to settle unpaid bills or help pay for your funeral. What is Over 50s Life Insurance?

Our Over 50s Life Insurance, provided by AIG, is designed to pay out an insurance amount when you die, providing you’ve had the policy for more than two years.

Get guaranteed acceptance, fixed premiums, and a guaranteed cash lump sum paid to your loved ones when you die. An over 50s policy is a whole-of-life insurance policy designed to leave your loved ones with a tax free lump sum in the event of your death. This lump sum could be used to pay for funeral costs, household bills or simply as a financial gift for your family. Get a quick and easy online quote.

Free £Gift Card plus a Will, worth up to £135. Do you need life insurance over 50? If so, how much, how should you buy it and who is it for?

Here are questions to ask about life insurance.

Use our calculator and compare over life insurance cover in minutes. No Medical Exam, Simple Application. Seniors life insurance for over 50s. The most common type of life insurance for those over is death cover, which provides a lump sum payment in the event of your death or if you have been. Over 60s life insurance can offer you peace of mind in later life , and help your loved ones manage your funeral costs and outstanding minor debts.

An Over 50s policy with the Post Office can payout up to £100 so find out more about our policies. Martin Lewis: Money Saving Expert ’s best life insurance plan for you revealed MARTIN LEWIS, the Money Saving Expert, revealed how to find the best life insurance plan for you on This Morning today. Life insurance for people ages to 59. Why should I consider life insurance if I’m older than 50?

Statistically, those in their 50s are most likely to make a claim for insurance. For people over age 5 the purchase of life insurance usually takes a back seat to financial priorities such as trimming expenses and ramping up retirement savings. However, sometimes the need. An Post Insurance Over 50s Funeral Plan could give your loved ones a promised lump sum payment that can be used to help to pay for funeral expenses, or perhaps to repay any loans or bills you might still have at the time of your passing. It is a single- life plan for people aged between and years of age at the date of commencement.

Alternatives to over-50s life insurance plans. The obvious alternative to an over - 50s plan is a more regular life insurance policy, and Gocompare. Of course, such policies may become less viable as you get older or if you have health issues.

A life insurance policy that covers your debts is one way to make sure your kids never have to pay for your purchases.

If you’re over 5 the clock is ticking on your life insurance window. Fortunately, you’re still young enough to qualify for all life insurance benefits from most providers. The examiner can meet you at home, your place of business or an exam office. In many cases, you’ll have temporary life insurance coverage to hold you over until the exam is completed and policy is in force. That’s why taking out an over 50s life insurance policy to help take care of your funeral expenses could be one of the most important decisions you make.

Securing over life cover early ensures the financial help will be there for your loved ones and it allows your family to give you the funeral service and memorial that you would both like.