Over 50s Life Insurance

Prepare for the future, whatever it holds

British Seniors Guaranteed Over 50s Life Insurance pays a lump sum benefit in the event of your death.

This can help ease the financial burden of your funeral and other final expenses for your family should the worst happen and you were to pass away.

One way to prepare, is to take out insurance cover from British Seniors Insurance Agency. With British Seniors Guaranteed Over 50s Life Insurance, you are investing in peace of mind.

Guaranteed Acceptance

If you (and your Partner Life Insured, if applicable) meet the basic eligibility criteria of being a UK resident aged between 50 and 79, you won’t be turned down, and you won’t be asked a single question about your health or lifestyle.

The British Seniors Guaranteed Over 50s Life Insurance plan also extends cover to your family. You can insure your financially dependent children until they reach age 21, as long as they are also United Kingdom residents.

Benefits

  • £2,000 to £15,000 benefit amount depending on your age
  • For all UK residents aged 50 to 79
  • Immediate cover for accidental death. Cover for any cause after 12 months
  • Triple benefit for accidental death up to £45,000 depending on your age
  • No forms, no health questions
  • Choose either aged-based or level premium payments

Things to consider

  • There is no cash-in value at any time
  • Inflation may reduce the value of your benefit amount
  • Depending on how long you live, you may pay more than you get back

About this cover

Funerals and final expenses can be a very costly time. With British Seniors Guaranteed Over 50s Life Insurance your chosen benefit is paid to your loved ones, so your funeral arrangements do not end up adding stress for your family, at a difficult and emotional time. The benefit can also be used as a cash sum gift that can go into your loved ones.

 

Guaranteed Acceptance - no medical, no blood test

You can't be turned down for Guaranteed Over 50s Life Insurance as long as you are a UK resident aged 50 to 79, and you can be covered over the phone or online in minutes.

Choose a benefit amount to fit with your needs and budget, depending on your age:

  • Ages 50 to 54 – from £2,000 up to £15,000
  • Ages 55 to 79 - from £2,000 up to £10,000

 

Up to £45,000 in the event of accidental death, or £15,000 for death by natural causes (depending on your age)

If you are aged up to 54, you can select a cover option from £2,000 up to £15,000 life insurance benefit. If you are aged 55 to 79, you can select a benefit amount up to £10,000.

If death is the result of an accident, then three times your selected life insurance benefit will be paid. This means, if you select a £10,000 life insurance benefit, and you die as the result of an Accident, the benefit payable to your loved ones would be £30,000.

 

Full Cover after 12 months

After the first year of holding the policy, you'll be covered for death by any cause. During the first year your Guaranteed Over 50s Life Insurance is in force, a benefit will only be paid in the event of accidental death.

 

Things to consider

  • There is no cash-in value at any time
  • Inflation may reduce the value of your benefit amount
  • Depending on how long you live, you may pay in more than you get back

 

Arrange cover easily over the phone (0800 995 1001) or online in minutes. There are no forms to fill out, no medical examinations required and no blood tests.

You will also get a legal will kit with your new policy to help plan your final wishes.

British Seniors Guaranteed Over 50s Life Insurance pays your chosen benefit amount to your loved ones in the event of your death. It can be used to help pay your final expenses, such as your funeral and outstanding debts, or to leave a small gift to your loved ones.

Flexible policy types

We know that everyone has different needs, so we have two flexible policy types to choose from, which can be kept for the rest of your life; age based premium or level premium.

With an age based policy, your premium is based on the age of the eldest life insured and it also features a 5% automatic annual increase to your chosen benefit amount for ten consecutive years from the start date of your policy (which you can opt out of if you wish).

The level premium policy is great for people who want certainty, knowing that their increasing age will not affect their monthly premium – it will stay the same each year. However, the 5% automatic benefit amount increase is not available on a level policy, so your chosen benefit amount will stay the same. It is therefore important to note that the value of the benefit amount you choose at the start of the policy, may not keep up with inflation.

5% automatic benefit amount increase

The Age Based policy features a 5% automatic annual increase to your chosen benefit amount for your life insurance and any optional cover you have. It is applied automatically to your policy on your policy anniversary each year; for 10 consecutive years from the policy start date; or up to and including age 74, whichever is sooner.

For example, a benefit amount of £2,000 will increase by 5% to £2,100 after the first policy anniversary and will reach £3,000 after 10 years. As shown in the chart below.

Life Graph

If you are planning to leave your benefit amount to pay for funeral expenses, this gradual increase in benefit amount can help protect from the effects of inflation.

You will be sent a new schedule each year, which will show your new monthly premium recalculated based on age and the new benefit amount. At this point you have the flexibility of deciding to accept the increase, in which case you wouldn't need to do anything, or you can let British Seniors Insurance know if you wish to opt-out of it. If you change your mind, you can still opt back in to the 5% benefit amount increases within the eligible period, whatever suits your needs best.

Single or Family plan options

You can apply for a single plan, or a family plan which includes your spouse, civil partner and/or common law partner, plus your financially dependent children until they reach age 21. There is no limit on the number of financially dependent children you can include on your family plan.

Insurance from a trusted provider

Cover is provided by Scottish Friendly Assurance Society Limited.

Accidental Serious Injury Cover

For greater peace of mind, as long as you (and/or your Partner Life Insured) are aged between 50 and 69 years of age and are United Kingdom residents, you can also add on optional Accidental Serious Injury cover to your Guaranteed Over 50s Life Insurance Policy.

  • Accidental Serious Injury Cover pays a lump sum benefit if you suffer a serious accidental injury resulting in Blindness, Deafness or Total and Permanent Loss of Use of Two Limbs.

  • The benefit amount is equal to three times the sum insured on your Guaranteed Over 50s Life Insurance plan – and all those insured under your policy will be covered for the same amount.

  • Plus everyone who is insured under your Guaranteed Over 50s Life Insurance Policy will be covered.

British Seniors Guaranteed Over 50s Life Insurance is subject to a number of exclusions and limitations. These are also detailed in the Key Facts document. You should ensure you understand these before taking out the insurance.

This document also contains a copy of the British Seniors Guaranteed Over 50s Life Insurance Terms and Conditions. You should read these carefully, so that you can be sure the insurance is suitable for you.

You (and your partner) are guaranteed acceptance for this insurance provided:

  • you are aged between 50 and 79; and,
  • you are a UK resident; and,
  • you can also insure your (or your partner’s) financially dependent children under age 21, as long as they are also United Kingdom residents.

 

You can apply for a Single Plan on your own life (key life insured) or you can apply to include your spouse, civil partner and/or common law partner (partner life insured) under your policy (family plan).

You (and your partner life insured, if applicable) must be United Kingdom Resident/s between 50 and 79 years of age.

We will also insure your (and your partner’s) financially dependent children under this Policy, if the nominated children are under 21 years of age at the start date and are United Kingdom residents.

Providing you meet these eligibility criteria, we guarantee to accept your application for British Seniors Guaranteed Over 50s Life Insurance.

You can arrange cover simply over the phone on 0800 995 1001 now.

Have you ever considered who would be responsible for your funeral costs if you were to pass away, or how your loved ones may cope financially when you are not around?

That’s why for a plan to help take care of your funeral expenses could be one of the most important decisions you make.

Securing cover early ensures the financial help will be there for your loved ones and it allows your family to give you the funeral service and memorial that you would both like.

British Seniors Insurance Agency offers insurance that’s low cost and easy to get. You can now help protect your family from the financial burden of your funeral and other unexpected costs, in one easy phone call.

Once your Guaranteed Over 50s Life Insurance is in place you can keep it for life and you’ll be covered anywhere in the world, 24 hours a day. Your health and circumstances may change, but as long as you continue to pay your premiums, your Guaranteed Over 50s Life Insurance can continue for life.

What’s more, your cover will continue but no further premiums are payable from age 90.

Call 0800 995 1001 for more information and you could be covered today!

The Accidental Death Insurance benefit amount will be paid if you suffer an accidental death.

The Life Insurance benefit amount will be paid if you die from any cause after 12 months from the start date of the policy.

Typically this product is suited to those who want to make sure they do not leave their family and loved ones with the burden of their funeral and other final expenses, when they pass away.

During the first 12 months from the start date of the policy, a benefit will only be paid if the life insured's death results from an accident. Thereafter a benefit is paid for death by any cause.

No-one knows what lies around the corner, whether it’s accident or illness, and securing cover early ensures the protection is there when needed.

You can select a cover option that suits your needs and budget, from £2,000 through to £15,000 benefit (depending on your age). The maximum benefit amount for a life insured under the policy at the start date is:

  • Current age: 50-54 = £15,000; and
  • Current age: 55-79 = £10,000.

In the first 12 months benefit is paid only in the event of accidental death, thereafter a benefit is payable on death by any cause.

If death is the result of an accident, then three times the insurance benefit will be paid. This means if you have a £10,000 life insurance benefit, and you die as the result of an accident, the benefit payable to your loved ones would be £30,000.

No, and there are no intrusive questions about your health and lifestyle, and we will not contact your doctor when you apply.

Accident means an event resulting in bodily injury occurring whilst this policy is in force, where the injury is directly and solely caused by accidental, violent and external means and where the injury is not self-inflicted.

Accidental death means death occurring as a direct result of an accident which took place while the life insured was covered under the policy and where death occurs within 90 days of the accident.

 

Yes. You can add Accidental Serious Injury cover to your British Seniors Guaranteed Over 50s Life Insurance, which provides a benefit in the event of blindness, deafness or total and permanent loss of use of two limbs, as the result of an accident.

If you meet the eligibility criteria below, you won’t be turned down, and you won’t be asked a single question about your health or lifestyle when you apply.

You (and your partner) can apply for British Seniors Guaranteed Over 50s Life Insurance as long as you are United Kingdom residents aged between 50 and 79.

You can also insure your (or your partner’s) financially dependent children under age 21, as long as they are also United Kingdom residents.

 

Absolutely. Once your British Seniors Guaranteed Over 50s Life Insurance is in place, you are covered around the clock, anywhere in the world.

When you apply for your Guaranteed Over 50s Life Insurance, you will be provided with a quote. Your quote will depend on the amount of cover and whether you choose optional cover, whether you have a single or family plan, the premium type you choose and the age of the eldest life insured under the policy.

We know that everyone has different needs, so we have two flexible policy types to choose from;

  • Age Based premium policy or
  • Level premium policy

Both policy types can be kept for the rest of your life (‘whole of life’) and allow you to apply for changes if your circumstances change. Your premium is based on the age of the eldest life insured. That could be you, or if you take out a family plan, it could be your partner.

Age Based policy type – How does it work?

With an Age Based policy, premium is recalculated each year at your policy anniversary; gradually increasing in line with age. From age 80, no further increases will apply and your premium will become fixed. After age 90, there will be no more premiums to pay, but cover will continue.

Your monthly premium will start lower compared to its equivalent on a Level policy type, so this may appeal to those on a tight budget during the early years of holding the policy.

Automatic benefit amount increases:

The Age Based policy features a 5% automatic annual increase to your chosen benefit amount for your life insurance and any optional cover you have. It is applied automatically to your policy on your policy anniversary each year; for 10 consecutive years from the policy start date, or up to and including age 74, whichever is sooner.

For example, a benefit amount of £2,000 will increase by 5% to £2,100 after the first policy anniversary and will reach £3,000 after 10 years, as shown in the chart on the right. If you are planning to leave your benefit amount to pay for funeral expenses, this gradual increase in benefit amount can help protect from the effects of inflation. You will be sent a new schedule each year, which will show your new monthly premium recalculated based on age and the new benefit amount. At this point you have the flexibility of deciding to accept the increase, in which case you wouldn’t need to do anything, or you can let British Seniors Insurance know if you wish to opt-out of it. If you change your mind, you can still opt back in to the 5% benefit amount increases within the eligible period, whatever suits your needs best.

Level policy type – How does it work?

Our Level policy is great for people who want certainty, knowing that their increasing age will not affect their monthly premium – it will stay the same each year. As long as you are paying your premium:

      • You will be covered for the whole of your life; and
      • After age 90, there will be no more premiums to pay, but cover will continue.

With the Level premium option, it is important to note that the value of the benefit amount you choose at the start of the policy, may not keep up with inflation. So, if you are planning to leave your benefit amount to pay for funeral expenses, its value may not keep up with funeral cost inflation.

The 5% automatic benefit amount increase is not available on a Level policy. You can ask British Seniors Insurance to make changes to your policy, however these changes may be subject to payment of additional premium based on age at the time of the request.

You have 30 days from the receipt of your Policy documents, during which time you can cancel your Policy by writing to us or giving us a call. You can still cancel your Policy after 30 days, but you will not get anything back.

There are 3 ways for your family to make a claim in the event of your death:

  • Call us FREE on 0800 542 7618
    Monday - Friday from 9am to 7pm
  • E-mail us at service@britishseniors.co.uk
  • Write to us at: British Seniors Insurance Agency, Landmark Place, Windsor Road, Slough, Berkshire, SL1 1JL.

We will send out a claim form to be completed, signed and returned to us.

Note: If the claim is accepted, the insurer will pay the benefit amount to the person who is legally entitled to it and they will refund any premiums paid between the date of death and the date the claim is paid.

With British Seniors Guaranteed Over 50s Life Insurance, you are investing in peace of mind by helping to provide your family with financial support. Our fully trained life insurance specialists can get your policy arranged for you over the phone, or you can even get a quote and buy online in a few minutes.

 

Call FREE on 0800 995 1001 or get a call back by clicking on the button below. Our UK based customer service specialists will give you a quick no obligation quote and if happy we will take your application further so you can be covered immediately for accidental death. All you will need are your direct debit details.

 Get a call back »

 

Get a quote and buy online. Simply fill in our quick and easy online form to determine your premium. If you are happy with the premium amount, continue with the application and you can be covered immediately for accidental death. All you will need are your direct debit details.

 Get a quote and buy online »

 

The following will apply regardless:

  • No medical exam, no blood test
  • No complicated forms to fill in
  • No intrusive health questions

 

Things to consider

  • There is no cash-in value at any time
  • Inflation may reduce the value of your benefit amount
  • Depending on how long you live, you may pay in more than you get back

With British Seniors Guaranteed Over 50s Life Insurance, you are investing in peace of mind by helping to provide your family with financial support. Our fully trained life insurance specialists can get your policy arranged for you over the phone, or you can even get a quote and buy online in a few minutes.

 

Call FREE on 0800 995 1001 or get a call back by clicking on the button below. Our UK based customer service specialist will give you a quick, no obligation quote. If you are happy with your quote, you can agree to purchase your policy. All you will need are your direct debit details.

Phone icon  Get a call back »

 

or

 

Get a quote and buy online by clicking the button below. Simply fill in our quick and easy online form, which will calculate your premium. If you are happy with your quote, you can continue with the application and purchase your policy. All you will need are your direct debit details.

Mouse icon  Get a quote and buy online »

 

Benefits of our products:

  • No medical exam, no blood test
  • No complicated forms to fill in
  • No intrusive health questions
  • Immediate peace of mind!

 

Things to consider

  • There is no cash-in value at any time
  • Inflation may reduce the value of your benefit amount
  • Depending on how long you live, you may pay more than you get back

 

Call FREE on 0800 995 1001

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