Over 50’s plans are ideal if you are over 50 and have any health problems which have made it difficult to get a traditional Life Insurance policy.
The way they work are simple. You are automatically accepted to have Life Insurance regardless of your health or lifestyle. There are no medicals or doctors’ reports required and there are even policies which will pay out for critical illnesses.
The only caveat is that you will need to pay into the policy for a given amount of time before you are covered for the full amount. This can range from 12 to 24 months depending on the insurer.
As with all Life Insurance policies, it’s important that you speak to an advisor before you take a policy out to ensure you understand fully how it works. Remember, all our advice is free so get in touch today.
We have many decades worth of experience across our staff and partners with the primary focus on Protection.
With our understanding of Inheritance Tax Solutions, Tax Efficient Business Protection, Critical Illness and Life Cover, and Income Protection, we can provide you with a no obligation free, friendly service, so contact us now for your free quotation.