Over 50's Life Insurance

Can I have joint over 50’s life insurance?

What is Martin Lewis’s best over 50’s plans?

Can I get an over 50 life insurance quote?

Are there over 50’s life cover with free gifts?

Are there life insurance plans for over 60’s and over 70’s?

What are over 50's Life Insurance Policies?

What are over 50s life insurance plans used for?

How do I find the best over 50’s life insurance plans?

 

Finding the best over 50's life insurance cover with Quick Quote Life 

Over 50’s life insurance is a popular cover type for people in the UK who don’t want the cost of their funeral to be a burden to their loved ones. The key benefits usually include;

  • No medical (but you will have to provide health and lifestyle information on your application)

  • You don’t have to keep paying for your policy if you live past 90 but you will keep your cover

  • A lump sum pay out to your family in the event of your death (we will help you chose an appropriate provider so you aren’t getting back less than what you put in)

If you are unsure whether the over 50’s cover type is suitable for you then read our article on what Martin Lewis had to say about our over 50’s plans.

Quick Quote Life is a leading life insurance broker in the UK. Our role is to advise you on the best type of cover for you and help you understand the array of life insurance products available. We believe your decision shouldn’t be based on which over 50’s plan has the best free gift, we believe you should buy an appropriate product that will properly financially support you and your family.

Many people have a lot of questions regarding over 50’s life insurance plans. Quick Quote Life has put together the most common questions we get asked and answered them for you.

Can I have joint over 50’s life insurance?

There are some providers who can offer a joint over 50’s life insurance plan. Give us a quick call and we will be able to find out based on your requirements.

What is Martin Lewis’s best over 50’s plans?

Martin Lewis reiterates exactly what we think – that there is no best provider and that your cover depends entirely on your age, how much you want to pay in and for how long.

However, Martin Lewis does seem to rate Legal & General and Royal London as good providers whilst slating Sun Life and Axa. Speak to one of our advisors to talk through the costs and terms of these policies to understand why some providers are better for some and not others.

For a complete guide to life insurance read out ultimate guide.

Can I get an over 50 life insurance quote?

Yes, you can speak to one of our industry experts and receive a quote for an over 50’s plan with no obligation to buy it. Give us a call on our free phone number and let us know what it is you are looking for. For a call back leave your details here.

Are there over 50’s life cover with free gifts?

Typically, if a life insurance provider has to convince people to buy their product with free gifts over a genuinely good product then they should be avoided. Many decent providers offer a free gift as a token gesture when purchasing their insurance product but if the free gift is being advertised more heavily than the actual policy, then warning bells should be sounding.

Are there life insurance plans for over 60’s and over 70’s?

The over fifties life insurance plan is typically offered for people aged between 50 – 85, however sometimes a whole of life over 50’s plan might be more appropriate for those in the younger years of that age bracket. For this reason, specific plans for over 60’s and 70’s have been developed so give us a call on our Freephone number and we can find which providers would offer the best one for you.

What are over 50's Life Insurance Policies?

Over 50’s Life Insurance is designed to pay out a lump sum to loved ones in the event of your death.

The ‘Over 50s’ plan is usually developed around the regular ‘whole of life’ insurance cover basis; only targeted specifically toward those between the ages of 50 and 85 usually.

Of course, there are differences between an over '50's plan' and a 'whole of life' policy. The main difference is focused on the medical history of the policyholder.

No medical history is needed when taking out an 'Over 50's' policy and acceptance is guaranteed provided you are aged over 50. 

However - we don't believe that no-medical cover should be the best. A thorough application with all health and lifestyle questions answered truthfully and fully is the surest way to ensure a payout and an appropriate policy.

Premiums are normally paid until the age of 90 although some insurers may have a shorter or longer payment period. If you live beyond that time your policy and your cover will still be active and you won’t have to pay any more premiums.

What are over 50s life insurance plans used for?

Everyone's reasons for taking out a policy will be different. Over-50s life insurance plans are commonly chosen by people wanting to guarantee there will be a certain amount of money to pass on to loved ones.

Most policyholders want to be sure there is enough money to pay for their funeral so that their loved ones won't be left out of pocket.

How do I find the best over 50’s life insurance plans?

Best life insurance plans for over 50’s in the UK can be a difficult field to navigate. It might be that a whole of life over 50’s cover might suit you best, or due to your age a no- medical over 70’s plan could be what you need. Whatever products you need to insure your life, Quick Quote Life offer only the best advice when considering life insurance. We like to make sure our customers are fully aware of the policy terms, have the lowest premiums for the best cover, and are purchasing a product that is designed well and works for them. For more information on how to apply for life insurance click here. 

Call us today, our number is free phone and our advice is impartial – your quote is obligation free and our team of advisors are friendly and ready to help.

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0800 1075545

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