A life Insurance plan means that by making a regular montly payment
should you die while the policy is in force you will be leaving a cash sum for your dependants which can be used how they
Typically these life insurance plan premiums are fixed and won't change even if your health deteriorates.
One thing to be aware of on many of the over 50's life insurance policies
is that they won't pay out if you die in the first 2 years of the policy although they will normally pay the paid premiums
back. This is because a number of the providers do not require a medical or any health questions answered. Some of the 50
plus plans also allow you to use the plan to pay your funeral costs on death.
These policies unlike say endowments also do
not offer any cash in value so if you cancel the premiums your life insurance plan will cease and you won't get the premiums
When you take out a policy online a number of companies offer you a FREE Welcome gift like shopping
vouchers or even Digital Radios and where applicable you can find details below on the FREE Welcome Gifts available with a
50 plus life insurance plan.