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life insurance over 50

Learn about over 50s life insurance

Posted on 10 November 2011

Engage Mutual’s over 50s life insurance policy is a simple financial product that aims to be straightforward to set in motion and easy for applicants to understand.

Put simply, our over 50 life insurance plan is available to those UK residents who are aged between 50 and 80. This type of policy guarantees to pay out a cash lump sum on the death of the policyholder, provided all premiums are up to date and the policy has been in place for at least 2 years.

It is also important to bear in mind that an over 50 life cover plan does not provide any investment return or cash-in value at any time.  This type of plan only pays out on the death of the plan holder. Payments are made until the policyholder reaches the age of 90, at which point no more premiums are taken, and the policy will still pay out the sum assured after death.

At Engage Mutual we aim to make all of our financial products easy to understand and apply for. All of our products and services can be applied for online, by telephone or by post.

Full details of the plan are available in the product section of our website.