What is over 50s life insurance?
If you have a life insurance policy it will pay a lump sum (the 'sum assured') in cash in the event of your death. Many people buy over 50s life insurance to help towards costs such as funeral expenses but it can also be used to bequeath money to relatives, friends or charities.
The life insurance is available to all over 50s with guaranteed acceptance. This means there is no screening for medical conditions, making over 50s life insurance an affordable, accessible and simple product.