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Direct Line Guaranteed acceptance Over 50's Life Cover is a simple way to provide your loved ones with
cash should the worst happen. This is a whole of life policy which pays out the Policy Benefits summarised below on your death.
Direct Line guarantee to accept you for cover, without any medical evidence, if you are a UK resident aged between
50 and 75 when you take out your policy. Direct Line fixed monthly premiums start from £10.
When
you reach the age of 90, you will not be required to pay any more premiums. However, your cover will remain in place until
your death. Depending on how long you live, the total amount of premiums you pay may be greater than the cash sum payable
on death.
Once accepted, you remain fully covered as long as you continue to pay the premiums that are due.
Should you choose to cancel your policy, there is no cash in value at any time.
Policy benefits
After the policy has been in force for two years, the full sum assured will be paid on death.
If death within the
first two years is other than by accident, payment is limited to full refund of all premiums paid.
When choosing the
amount of cover you need, you should remember that inflation will, over time, reduce the value of the cash sum payable on
death.
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