Protection
Protect yourself and your loved ones with over 50s life cover
Over-50s life insurance is tailored for those aged 50 and older, providing guaranteed acceptance without medical exams. Premiums are fixed and paid until death, resulting in a lump sum payment to beneficiaries. It's commonly used to cover funeral costs, debts, or to leave a legacy.
Before your quote
4 key things to bear in mind when preparing for your quote
- 1
Your Health
Your health plays a crucial role in determining your life insurance premiums. Insurers assess your medical history, current health conditions, and any risk factors to gauge your life expectancy. Better health typically means lower premiums, so it’s important to be honest and thorough about your medical history.
- 2
Your Occupation
The nature of your job can significantly influence your life insurance rates. Certain occupations carry higher risks than others, such as those involving manual labour or hazardous environments. Insurers consider these risks when calculating your premiums, so be prepared to provide detailed information about your job duties and work environment.
- 3
Your Age
Age is a fundamental factor in life insurance pricing. Generally, the younger you are, the lower your premiums will be. This is because younger individuals are statistically less likely to file a claim in the near future. It’s advantageous to secure a policy early to lock in lower rates and ensure long-term coverage.
- 4
Your Lifestyle
Lifestyle choices, such as smoking, drinking, and engaging in high-risk hobbies, can impact your life insurance rates. Insurers evaluate these behaviours to determine your overall risk level. Leading a healthy lifestyle can help you obtain more favourable premiums, so it’s beneficial to disclose any relevant lifestyle habits.
Thinking about over 50s cover?
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