How Does Over 50 Life Insurance Work?

Man working out his current financial situation

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 50 Life Insurance 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, or a joint policy for you and your spouse/civil partner. In either case, you don’t have to go through health checks or answer 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. Your family will receive twice your benefit amount should you die as a result of an accident. After 12 months, your cover extends to death by any other cause.

British Seniors

Over 50 Life Insurance
Unfortunately, we can’t be there for our families when we die, but we can make sure they’re financially secure.
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How do I choose a plan?

We offer a range of plans with a choice of benefit amounts from £1,000 to £10,000. Your premiums will depend on your age, the start date of your policy and whether or not you smoke. Don’t worry too much about age, people aged 60 and older could use this type of life insurance to help protect their loved ones from financial worries.

Maximum benefit amounts are as follows:

  • Ages 50 to 69 - up to £10,000
  • 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 £4.32 per month*.  That’s 14p 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 12 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

Write to us at British Seniors Insurance Agency, PO Box 6063, Windsor, SL4 9GL

* For a 50-year-old non-smoker with £1,000 of cover.

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?

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