Good news for those aged 50 plus!!
We have access to a number of providers that offer a life cover plan especially designed for the over 50s,where no medical is required and so if you have had major health issues and are unable to obtain life cover then this could be an option for you.

So why take it out?

• Does your existing life cover fit your needs & requirements?
  Circumstances change so make sure that you have life cover that fits
  with your life
• As this cover pays out on death, it could increase the amount
  you leave as an inheritance.
• Use this plan to take the burden of funeral costs off your
  family at such a stressful time,
• Some plans have an option to write the plan in trust so a lump sum
  payable on death is not subjected to inheritance tax.

Please note that this is not a savings plan and has no cash-in
value at any time.

How does it work?

As long as your a UK Resident, aged between 50 & 75, you are
guaranteed life cover without a medical.

The premiums

• Premiums start from as little as £10 but you can pay up to £50 a month. Paying
  £50 p/m will make a large difference to the amount of cover you
  receive.
• The level of cover is determined by the premium that you choose,
  gender, age and whether you are a non-smoker or a smoker.
• Once a premium is selected it is guaranteed not to rise.
• If you pay your premiums up to your 90th birthday, then your
  premium collection will cease but you will still have the cover.
• If you stop paying before your 90th birthday, your cover will
  cease.

Please note that depending how long the premium is paid for,
the total premium paid may be more than that paid out on death

How does the cover work?

In the first two years:

• If you die as a result of natural causes the plan will pay back
  the premiums you paid back plus half again
• If you die as a result of an accident typically the plan will pay back
  the amount of life cover stated in the plan.

After the initial two years, the sum assured will be paid out to your
estate.

However, please be aware that over time inflation will reduce the
buying power of the amount payable on your death.

To find out more about the Over 50's Life cover plans please contact us on 01795 438694 or fill in the contact form located at the navigation bar and one of our staff will contact you shortly.