It adopts its guaranteed status because the policy lasts for life, guaranteeing a payout when you pass away.
Unlike traditional term-based life insurance, an over 50s plan guarantees acceptance to all UK residents aged 50-85 years.
These policies do not require you to provide any information regarding your medical health.
For this reason, it is ideal for anyone within this age range who has a pre-existing medical condition or who would find it difficult/too expensive to obtain standard cover.
The average cost of a funeral has risen 128% over the past 18 years.
Without adequate cover in place, this cost becomes the responsibility of your family. As will any outstanding debt in your name.
An over 50 plan is an affordable way to cover these costs, provide an inheritance or simply help your loved ones maintain their existing lifestyle.
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Covering you for a fixed period of time, this type of policy will pay out should you pass away within the selected period.
Used primarily to protect your home/mortgage which pays out less as time goes on.
Our most requested policy, guarantees a sum to be paid when you die with no expiry date.
Pays out if you develop one of a pre-defined list of critical illnesses whilst you are alive.
We are proud to offer over 50’s with our non medical cover which you will be guaranteed to cover.
You can name the beneficiary of the cover, giving you piece of mind that the right person receives the sum insured.
The guidance and/or information contained within this website is subject to United Kingdom (UK) regulatory regime and is therefore restricted to clients based in the UK. Simply Covered Limited, company number, 15247145, is registered with the Data Protection Act 1998 Registration No: ZB619632 and is authorised and regulated by the Financial Conduct Authority under Firm Reference Number: 1013170 an Appointed Representative of TMG Direct Limited which is authorised and regulated by the Financial Conduct Authority under Firm Reference Number: 786245 and registered with the Data Protection Act 1988 Registration No: ZA178200
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