Providing financial security since 1826
Over 50's Life Insurance
Life cover with guaranteed acceptance for the Over 50's
- Leave your family with a handy cash lump sum.
- Guaranteed acceptance with no medical.
- Cover with guaranteed premiums and fixed cash sum.
- Option to receive an extra £250 of funeral benefits.
- If you stop paying your premiums your life cover will end.
- The plan has no cash in value.
- You have no life cover within the first 2 years unless your death is accidental.
- The final amount payable is likely to reduce in value because of the effects of inflation.
- Your estate may get back less than you have paid in.
Looking for cheap Over 50's Life Insurance?
Many people over the age of 50 may feel they're too old to get life insurance cover, but Moneyfacts.co.uk has teamed up with a specialist provider in this field, Shepherds Friendly, to offer highly competitive rates for cover for those over 50.
Why should you take out Over 50's life cover? Well planning ahead really does make sense and can offer you peace of mind, knowing you can leave a cash lump sum for your loved ones which can cover funeral costs, settle any unpaid bills and provide a gift to leave behind for your children or grandchildren.
Life cover starts from as little as 33p a day if you're aged between 50 and 75 and the good news is that there are no medicals to undertake or health questions to answer and acceptance is guaranteed.
You simply need to decide how much you want your family to receive as a cash lump sum on your death and we'll calculate the premium required to provide that amount of cover. Shepherds guarantee that the agreed premium will never rise and that the fixed cash lump sum will never be reduced.
A useful option that's available with the Shepherds Over 50's Life Plan is that you can choose to nominate your final payout to Golden Charter, the UK's leading independent funeral plan provider. This means that they can take care of all the funeral arrangements in partnership with your family and they will also contribute an extra £250 of funeral benefits towards the cost. A handy contribution towards the costs and invaluable peace of mind for your family at a stressful time.
This service is provided by the Shepherds Friendly Society which is incorporated under the Friendly Societies Act 1992 - No.240F. The Shepherds Friendly Society is Authorised and Regulated by the Financial Services Authority and entered on the Financial Services Authority Register, No: 109997. Products featured on this site are only available to residents of the UK. The Head Office and Registered Office is based in the United Kingdom.
The Over 50's Life Plan is a whole of life assurance. It is not a savings plan and you will not be entitled to a refund of premiums should you need or want to stop paying into the Plan before you die. Please ensure you read thefull Terms and Conditions of this plan which you will find on Shepherds Friendly's website or can be obtained by contacting Shepherds Friendly directly.
If you choose the funeral benefits option, the funeral services are arranged and provided by Golden Charter which is not authorised or regulated by the Financial Services Authority. Golden Charter Limited is a Registered Provider of Funeral Plans and complies with the Rules and Codes of Practice of the Funeral Planning Authority.
Shepherds Friendly will provide information about you to Moneyfacts who will use it for research and customer analysis reasons. By completing this form you are consenting to Moneyfacts sending you marketing information about its services by email. Each email will contain an unsubscribe link. Moneyfacts.co.uk Limited is authorised and regulated by the Financial Services Authority (FSA reference number 486048).