Getting more Over 50 Life Insurance

Leave your loved ones a little extra when you die. An extra policy could cost as little as £1 for existing customers with our exclusive pricing.

Funeral costs change all the time and, before you know it, things can cost so much more. By taking out another policy, your loved ones will get a bigger payout, leaving them more money when you die. And, because you’re an existing customer, you can take advantage of our exclusive pricing.

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A bigger payout

We guarantee to give you a bigger payout than we would give to a new customer making the same monthly payment, as long as your new policy is at least £1 a month.

You can choose to pay more if you want your payout to be even bigger. Remember that you can have a maximum of £10,000 across all your Over 50 Life Insurance products. So, for instance, if you already have a policy for £6,000 you could get another policy for up to £4,000 if you wanted more cover.

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Taking another policy is easy

Getting a quote to add to your existing policy takes just a few minutes online. Get a quote now.

Or call our UK team on 0800 022 4003

Not a customer yet? Don't worry, you may still be able to get our Over 50 Life Insurance.

 

Find out more

Benefits, features and important information

Benefits of taking another policy

  • Bigger payouts - Taking out another policy means your loved ones will get a bigger payout, leaving them more money when you die.
  • Exclusive prices for existing customers - Take out another policy with us, we guarantee to give you a bigger payout than we would give to a new customer making the same monthly payment.
  • From just £1 extra a month - You can leave more if you want your payout to be even bigger.
  • Secure up to £10,000 for your family - £10,000 is the most we’ll pay out across all your Over 50 Life Insurance products.

Features of Over 50 Life Insurance

  • No medical – get an instant decision on your additional policy.
  • The amount you pay for your new policy stays the same each month.
  • Your family can get up to £10,000 across any number of policies when you die.
  • You're fully insured on your new policy after just one year - your existing cover isn’t affected.
  • A payout from your additional policy if you die from an accident in the first year.
  • Reduce your monthly payments by bringing down your payout amount, as long as you’re paying at least £3.95 a month.
  • After your first year on your new policy, you can have a break from making your monthly payments for up to six months - and still stay insured. Not all providers let you do this. You'll have to make up the missed payments or reduce your payout amount after your payment holiday finishes.

Important things to know

  • You can apply if you’re a UK resident aged between 50 and 80.
  • We'll not pay out the full amount of money of your new policy in the first 12 months, unless you die from an accident covered by the policy.
  • Depending on how long you live, you could pay in more than we pay out.
  • Over time, inflation will reduce the value of the payout amount so your insurance may not pay out enough for all your funeral costs.
  • Over 50 Life Insurance only pays out when you die – it can’t be cashed in at any time.
  • Payout Promise – You normally stop paying at the policy anniversary after you turn 95 or when you die, whichever comes first. If you need to stop paying altogether earlier than this, we promise that your family can still get at least half of the payout when you die, as long as you’re at least halfway through paying for your policy. That’s halfway from the start of the policy until the policy anniversary date after you turn 95.

Benefits of taking another policy

  • Bigger payouts - Taking out another policy means your loved ones will get a bigger payout, leaving them more money when you die.
  • Exclusive prices for existing customers - Take out another policy with us, we guarantee to give you a bigger payout than we would give to a new customer making the same monthly payment.
  • From just £1 extra a month - You can leave more if you want your payout to be even bigger.
  • Secure up to £10,000 for your family - £10,000 is the most we’ll pay out across all your Over 50 Life Insurance products.

Features of Over 50 Life Insurance

  • No medical – get an instant decision on your additional policy.
  • The amount you pay for your new policy stays the same each month.
  • Your family can get up to £10,000 across any number of policies when you die.
  • You're fully insured on your new policy after just one year - your existing cover isn’t affected.
  • A payout from your additional policy if you die from an accident in the first year.
  • Reduce your monthly payments by bringing down your payout amount, as long as you’re paying at least £3.95 a month.
  • After your first year on your new policy, you can have a break from making your monthly payments for up to six months - and still stay insured. Not all providers let you do this. You'll have to make up the missed payments or reduce your payout amount after your payment holiday finishes.

Important things to know

  • You can apply if you’re a UK resident aged between 50 and 80.
  • We'll not pay out the full amount of money of your new policy in the first 12 months, unless you die from an accident covered by the policy.
  • Depending on how long you live, you could pay in more than we pay out.
  • Over time, inflation will reduce the value of the payout amount so your insurance may not pay out enough for all your funeral costs.
  • Over 50 Life Insurance only pays out when you die – it can’t be cashed in at any time.
  • Payout Promise – You normally stop paying at the policy anniversary after you turn 95 or when you die, whichever comes first. If you need to stop paying altogether earlier than this, we promise that your family can still get at least half of the payout when you die, as long as you’re at least halfway through paying for your policy. That’s halfway from the start of the policy until the policy anniversary date after you turn 95.
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Take out another policy today

Get your quote online in just a few minutes. And, if you're happy, get cover straight away. Get a quote now. 

Or call our UK team on 0800 022 4003

Not a customer yet? Don't worry, you may still be able to get our Over 50 Life Insurance

Looking for something different?

Whether you want to protect your family, your house and mortgage or just leave something after you’ve gone, we’ve got a life insurance policy to fit your needs.

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FAQs

Our Life Insurance is a simple way to leave your loved ones money when you die, as a gift or to help pay for your funeral.

You choose how much you can afford to pay each month, the maximum payout you can get is £10,000. The more you pay each month, the bigger the payout your family could get.

Choose how much you can afford to pay each month, so you can leave your family money when you die, or to help with your funeral costs. The maximum payout you can get is £10,000. The more you pay each month, the bigger the payout your family could get.

If you stop paying altogether you could lose your insurance. We want to keep you covered and our Over 50 Life Insurance has ways to help you do that:

Flexible payments – you can reduce your monthly payments by bringing down your payout amount, as long as you’re paying at least £3.95 a month.

Payment holiday - After your first year, you can have a break from making your monthly payments for up to six months - and still stay insured. You'll have to make up the missed payments or reduce your payout amount after your payment holiday finishes. You can have up to two payment holidays during your policy - only one can be taken within any twelve month period.

When you've been around for as long as we have, you know that life is full of changes. If you need to update details such as your name, address or bank details, we can help you make the changes you want. Update my policy

If your existing Over 50 Life Insurance policy with us is for less than the maximum payout of £10,000 then you maybe able to get an additional policy. For instance if you already have a policy for £6,000 you could get another policy for up to £4,000 if you needed more cover.

You can get a quote online. Existing customers qualify for a better payout and we’ll show you the details of this along with your quote. Or you can call our UK team on 0800 022 4003.

Additional polices are not valid with other offers, for example, vouchers.