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Types Of Insurance
Over 50s life insurance is a type of life insurance that can be taken out if you’re aged between 50 and 80.You pay monthly premiums, and as long as you’ve paid premiums when due, when you pass away your loved ones will receive a cash sum.
Over 50s Life Cover
Critical illness cover, also known as critical illness insurance, is a long-term insurance policy which covers serious illnesses listed within a policy. If you get one of these illnesses, a critical illness policy will pay out a tax-free, one-off payment.
Critical Illness Insurance
Mortgage life insurance covers the cost of mortgage payments for your dependants if you – or your partner if you take out joint life insurance – pass away. You can take out either decreasing or level term life insurance – level term is the most common.
Mortgage Insurance
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*£5 per month based on a 30-year-old non-smoker taking out £100,000 level term cover over 20 years (L&G) – Prices correct as of May 2021 – *£1.85 per week based on a 30-year-old non-smoker taking out £236,250 level term cover over 20 years (L&G) – Prices correct as of May 2021 – *£8.43 per week based on a 30-year-old non-smoker taking out £250,000 level term cover over 20 years (L&G) – Prices correct as of May 2021 – *£7.40 per month based on a 30-year-old non-smoker taking out £200,000 level term cover over 20 years (L&G) – Prices correct as of May 2021 – *From £7.88 per month based on a 50-year-old non-smoker with no pre-existing conditions taking out £50,000 level term cover over 10 years (L&G) – Prices correct as of January 2021
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