Life Insurance for Over 70s Rule Scrapped by the FSA
Article published on 6th June 2007
If your looking for Life Insurance for over 70's, you have come to the right place as Top Quote Online has great news on Over 70 Life Insurance Cover.
After years of waiting, the FSA rule restricting the sale of term assurance past the age of age 70 has finally been scrapped. This came in to effect in the early part of June 2007.
This will have a massive effect on the life insurance market as regular brokers who are not authorised for investments will be able to arrange life cover that well exceeds the previous age threshold of 70.
By being able to offer 'Over 70s Life Insurance', brokers such as Top Quote UK will be able to offer more comprehensive cover to their customers and as a benefit for the customer they will be able arrange over 70 life insurance cover through a broker without consulting an IFA.
Michael Newton from Top Quote UK said "This is fantastic news for both Top Quote UK and customers in their seventies across the UK, now we can offer our customers an even better service and ensure that our everybody gets the cheapest cover available regardless of their age."
In order to get an instant quote for Elderly life insurance, over 70 life insurance, please visit our Life Insurance Quote page, or alternatively please feel free to contact one of our friendly advisors for financial advice on Over 70 Life Insurance / Life Insurance for the elderly on 01723 516 600, even if you are over 80 then please feel free to give us a call.
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Over 70s Life Insurance Quote