How Does Over 50s Life Insurance Work?

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You don’t stop making plans for the future when you reach your 50s. Far from it! It's a time to make plans on how to spend your retirement, plans for hobbies and travel, and above all plans for what would happen if you were no longer there.


For you and your family’s peace of mind, it’s important to be prepared. Nothing shows your loved ones how much you care than leaving Life Insurance to cover funeral expenses and outstanding debts. And you’re never too young to get started...


How does British Seniors Over 50s Life Insurance Plan work?

Our cover is designed for over 50s who want to provide a fixed lump sum for their loved ones to cover funeral expenses and other costs in the event of their death. Premiums are affordable and cover is guaranteed. You could arrange your policy in minutes...


Am I eligible?

If you’re aged between 50-80 and you’re a UK resident, you’re guaranteed acceptance. You can apply for a single policy for you, or a joint policy for you and your spouse or civil partner. In either case, you don’t have to go through health checks or medical questions. Just sign up and enjoy the peace of mind.


What is covered?

As soon as your policy is in place, you’re covered in case of accidental death, and your family will receive 3X your selected benefit amount. After 24 months, your cover extends to death by any other cause.


Need a lump sum? You can also cash in up to 50% of your benefit amount after your 80th birthday or after 15 years of your policy.

British Seniors

Over 50's Life Insurance
Unfortunately, we can’t be there for our families when we die, but we can make sure they’re financially secure.
Get your free personalised quote today


How do I choose a plan?

We offer a range of plans with a choice of benefit amounts from £1,000 to £20,000. Your premiums will depend on your age and the start date of your policy.


Maximum benefit amounts are as follows:

Ages 50 to 54 – up to £20,000

Ages 55 to 59 – up to £17,000

Ages 60 to 64 – up to £13,000

Ages 65 to 69 – up to £12,000

Ages 70 to 74 – up to £9,000

Ages 75 to 80 – up to £6,000


What are the monthly payments?

Our policies start from as little as £3.72 per month. That’s 13p a day - even less than your daily newspaper! Once you reach your 95th birthday, your cover is free.


Your premium is guaranteed not to increase unless you choose our Increasing Benefit Option. However, you are free to increase or decrease your monthly premium throughout your policy.


Am I covered immediately?

Yes. You’re covered for accidental death immediately, and after 24 months you’re covered for death by any cause.


How does my family get my benefits after I die?

We understand that it's a stressful time, so we make it easy to claim. We aim to approve claims within days of receiving them. Here's how to start your claim:


Call us FREE on 0800 542 7618 Email us at service@britishseniors.co.uk

Write to us at British Seniors Insurance Agency, PO Box 4555, Slough, SL1 1JL.


Are Life Insurance pay-outs taxable?

There is usually no income or capital gains tax to pay out on a life insurance policy, but Inheritance Tax at 40% currently applies to any estate over £325,000. If this is likely to affect your arrangements, one option is to place your policy into trust.


One more thing. We’re renowned for our excellent, friendly customer service and our call centre is UK-based. Ready to find out more?