low-cost life insurance for the over 50s
Looking for simple, low-cost, guaranteed acceptance life cover? If you're looking to help reduce the financial burdens your family might face when you die, or simply wish to leave them a nest egg, why not take out an Over-50s Life Cover Plan.
Our Over-50s Life Cover Plan will pay out a tax-free cash lump sum up to £16,000 to your loved one. The lump sum normally counts as part of your estate and may be subject to inheritance tax.
what is the Over 50s Life Cover Plan?
Low cost life insurance for UK residents aged between 50 and 75. Applying is simple - we promise to accept you, with no medical or health questions to worry about! Your cover lasts for as long as you pay the premiums.
Both you and you partner can take out cover to give you greater peace of mind.
Why not get a life insurance quote now
remember - acceptance is guaranteed - and that's not all...
- No medical or health questions
- Guaranteed tax-free lump sum for your loved ones
- You could cover yourself for up to £16,000 - get a life insurance quote now
- Low-cost life insurance premiums from as little as £8 per month
- Guarantee your premiums will never rise
- We pay your first month's premium for you!
- Up to £25,000 of cover for accidental death in the first 2 years
- £20 of M&S vouchers when you take out a plan - and a leisure voucher if your partner applies, too!
This is a whole-of-life assurance plan and has no cash-in value at any time.
Like other plans of this type, depending on how long your policy is in force, you may pay in more premiums than the plan would pay out on death. If you stop paying premiums, your plan will stop and your life cover will cease.
compare the cover
This table shows how engage Mutual Assurance could offer you more cover for a £12 premium, compared to some other providers. Over time, inflation will reduce the buying power of the amount payable on your death.
| provider | cover |
|---|---|
| engage Mutual Assurance | £2,261 |
| Tesco | £1,972 |
| Marks & Spencer | £1,949 |
| AXA Sun Life* | £1,875 |
| Legal & General | £1,591 |
| Based on a male non-smoker, aged 63, paying a £12 monthly premium. *Axa Sun Life based on a monthly premium of £14. All rates are based on acceptance at standard terms. engage Mutual Assurance and Marks & Spencer offer separate rates for smokers and non-smokers, whereas AXA Sun Life, Tesco and Legal & General do not. All information is correct as at 25/02/05. | |
take advantage of guaranteed acceptance life cover now!
Remember, both you and your partner can enjoy the benefits by taking out a plan each.
engage Mutual Assurance is a trading name of Homeowners Friendly Society Limited (HFSL), Registered and Incorporated under the Friendly Societies Act 1992, Registered number 964F, and its wholly owned subsidiary Homeowners Investment Fund Managers Limited (HIFML), Registered number 3224780.
HFSL & HIFML are authorised and regulated by the Financial Services Authority (FSA). HFSL's FSA Register number is 110072 and HIFML's FSA Register number is 181487. You can check these on the FSA's Register by visiting the FSA's website www.fsa.gov.uk/register or by contacting the FSA on 0845 606 1234.
Homeowners Investment Funds ICVC is an investment company with variable capital, Registered in England Number IC00044.
Homeowners Financial Administration Limited, Registered number 4301736, Homeowners Membership Services Limited, Registered number 3091667 and UK Friendly Insurance Services Limited, Registered number 3088162 are all non-regulated wholly owned subsidiary companies of HFSL.
All registered at Hornbeam Park Avenue, Harrogate, HG2 8XE tel: 01423 855000 fax: 01423 855181
Please note : The products featured on this site are available to UK residents only. The information on this site does not constitute advice. If you do require advice you should seek advice from an Independent Financial Advisor. You may have to pay for this advice.
