Start your free, no-obligation quote here
We search the major life insurers for your best deal.
Premiums start from just £3 a month. That's only 10p per day!
Free quote.
No obligations.
Up to 30% Cheaper than Going Direct
Safe and secure.
2 minute application.
Top Brands, Top Deals!
Life Quotes is an independent life insurance website. We strive to help users find the best
possible life cover quote. Our panel of respected life insurance brokers will work hard to find you the best life insurance
policy tailored to your personal circumstances. They will search and compare hundreds of life cover plans from all the high street insurers
for the best deals available. We search life insurance so you don't have to!
UK Citizens Over 50s Could Qualify for Life Insurance with no Medical Exam
There is life insurance specifically designed for those UK citizens who are aged 50 or better up to the age of 80.
It is typically called an ‘over 50s life insurance policy’ and has a special price to go with it. One of the
benefits of the over 50s life insurance is that there are no medical questions and no examination by a physician
required to obtain the coverage. Everyone between the ages of 50 and 80 are eligible. These over 50 policies are
extended to include the spouses of the insured so that the insured’s family is covered in case of anything
happening to either spouse or parent.
The over 50s coverage is an affordable way to make sure those people who are left behind,
when the policy holder dies, are covered with a lump sum cash payout to take care of whatever they need.
They could use the money for funeral expenses, mortgage payments or to take a much needed vacation.
Many of the over 50s coverage for life insurance policies starts around £5.00 and goes up to £8.00
which works out to approximately 17p to 27p per day.
Some of the over 50s coverage insurance policies contain supplemental bonus type help such as
financial advice or independent care advice on what type of care coverage is available for
insured and their families.
The over 50s coverage is a guaranteed life insurance policy for those people who are not presently covered by another
insurance plan. Each insurance company that offers the over 50s coverage also guarantees acceptance to all who are
between the ages of 50 and 80 without a medical question or examination. With several other life insurance policies,
the insurance company needs to make sure their investment – the policy holder – is worth insuring and this means a
trip to the doctors office for a physical but not with the over 50s life insurance plans. Additionally, the insurance
policy begins immediately, even if the insured signs up for a policy online, the benefits begin right then.
Another one of the benefits of the over 50s life insurance is that if an insured person dies,
of an accident within the first two years, many of the insurance companies will pay out three
times as much as the amount assured, however some insurance companies will put a maximum cap on the amount
to be paid out on an accidental death.
When the policy holder reaches the age of 90, they will stop paying their premiums yet their coverage
would continue until they are deceased, at which time the over 50s life insurance company policy will pay a
£5,000 to the insured’s nominated beneficiary in addition, a lump sum amount will go to the insured’s
family for burial expenses or whatever the family deems appropriate for the money.
The over 50s life insurance policies have no cash value and will only pay out upon death of
the policy holder, therefore shopping around for the best price for a policy is a good idea.
Let us find you the best over 50s life insurance deal - Get a free, no-obligation quote now.
