Unlike many insurance products that seem to be unfairly targetted towards
the younger generations there are a number of companies that specialise in providing life insurance for the elderly and those
over 70 and unlike traditional life assurance, you can get covered with these over 70's life insurance plans
regardless of any current health issues. You don't have to complete a lengthy questionnaire or take a medical before you
get cover from them.
One of the market leaders are Sun life Direct who offer the Guaranteed
over 50 plan. You might have seen the adverts on television with Michael Parkinson (Parky) and another plan that is regularly
advertised on television is provided by LV= (Liverpool Victoria).
Sun
Life Direct – Guaranteed Over 50 Plan Aged 50-85? The Guaranteed
Over 50 Plan could give you peace of mind from as little as £4 a month. Leave more
than happy memories from just 14p a day We all want to make life as easy as possible
for our loved ones after we're gone - and for many people it's important to leave more than happy memories. So why
not think about leaving a cash gift or something to help pay towards funeral costs? The Guaranteed Over 50 Plan provided by
AXA Wealth Ltd trading as Sun Life Direct helps you do just that. You can take out
a Plan from £4 a month - that's the equivalent of just 14p a day – making it the UK’s lowest premium
for this type of life cover!† Sun Life Direct will then guarantee to pay a fixed cash sum on your death after you've
had the Plan for two years. All they ask is that you keep paying your premiums for life, as if you stopped paying your cover
would end and you wouldn't get anything back. You should also be aware that depending on how long you live, you might
pay in more than the cash sum paid out. Sun Life Direct promise never to increase
your premiums or reduce your cover. Although do bear in mind that inflation will reduce the value of the cash sum over time.
When choosing your cover you may also wish to consider how funeral costs have risen, more details can be found on their website.
Apply today and leave a larger cash sum for your loved ones If you decide that this
Plan is right for you, you'll have the reassurance of joining a Plan that is the nation's most popular choice of over
50 Plan*. And you will also receive more cover for your money!** So why not visit sunlifedirect.com and see how much you could
leave for your loved ones. * Most popular whole of life guaranteed acceptance
plan bought directly. ABI statistics, Q1-Q3 2011 ** All customers taking
out a new Plan will receive a bigger cash sum for the same premium than if the Plan had been taken out before 1st July 2011.
Based on the customers who took out Plans in 2010, we estimate that for 81% of customers taking out a new Plan after 1st July
2011, the cash sum will be at least 15% bigger. † As at 23/12/2011
Issued by AXA Wealth Services Ltd trading as Sun Life Direct. Authorised
and regulated by the Financial Services Authority.
 Scottish Friendly Assurance also offer what
they call the OVER 50's Guaranteed Protection Plan. This plan is not available to anyone over 75 so to apply you need
to be 70,71,72.73 or 74. Some of the features of this over 70s life insurance are
Monthly life insurance premiums
from £8 per month,
Option to include funeral cover,
Once you reach the age of 85 your premiums
will stop but the over 70's life insurance cover will continue,
No medical required and no intrusive questions
about your health,
FREE £15 of M&S vouchers when you take out a policy online.
For full terms
and conditions visit the scottish friendly website.
LV (liverpool Victoria) also offer life insurance for the
over seventies and their plan is called the 50 plus plan. Features of their policy are
Life insurance cover available
for those aged 50-80
If you choose the funeral benefit option you get an extra 10%
Cover from £5
per month
Over 70s Life insurance premium is fixed for as long as you keep the policy.
Cover continues
for free once you reach 90,
Free gift of £30 M&S vouchers or DAB Radio as a thank you when you take out
a life insurance policy online.
For the full terms and conditions visit the LV Website.
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