Over 50 Life Insurance and Over 60 Life Insurance
Article published on 28th January 2007
Here at Top Quote Online we understand that many people in the UK have a need for life insurance, no matter what age they are but especially once over 40. There are many reasons why somebody might require over 50 life insurance, for example to cover mortgages or loans, for family protection or for funeral benefits. Due to increases in housing costs and mortgage rates, many people are now taking out mortgages over longer terms and many people still have mortgage when they reach 50, in fact some people still have mortgages when they are in their 70s. Even if you don't have a mortgage, you may wish to leave a sum of money to your family so that they can cope with a possible loss of income and pay for your funeral service.
We understand that so long as people have families and/or liabilities there will be a need for life insurance. This is why we feel it absolutely vital to offer over 50 life insurance and over 60 life insurance, even at the age of 65 and over.
Obviously it is slightly more expensive to take life insurance cover out when you older but it could be far worse if you went uncovered and your partner is subsequently landed with a huge un-payable debt in the unfortunate event of your death.
An over 50 life insurance plan taken out through Top Quote Online is exactly the same as a regular life insurance plan except that you are, to some extent, limited on the length of policy that you can take out. Please note that the over 50 life insurance plans that we offer are different to some of the over 50 plans offered by some companies; we offer a broker service and search the marketplace for the leading policy to suit your needs and any application would be subject to medical underwriting. The advantage of this is that the premiums are likely to be far cheaper for a higher benefit than typical over 50 plans.
In order to get an instant quote for our over 50 life insurance or over 60 life insurance, please visit our Life Insurance Quote page, or please feel free to contact one of our friendly advisors for financial advice on Over 50 Life Insurance and Over 60 Life Insurance free on 0808 17 82 777.