For the elderly the choice of life insurance plans that are available diminishes rapidly as the they get
older but there are life insurance plans available for the elderly. It is important to remember though that a life insurance
plan is not a savings account and is designed to pay out on the policy holders death so if the elderly life insurance plan
is cancelled before death the premiums paid will be lost. The elderly plans below require no medicals or lenghthy medical
questionaires to be filled in and can be applied for with guaranteed acceptance in minutes online. They do though normally
have some restrictions like you will not get the agreed cash payout if you die for instance within 2 years of taking
out the elderly life insurance policy. Full terms and conditions can always be found on the relevant insurers website.
If you’re aged 50-85, from just £4
a month the Sun Life Direct Guaranteed Over 50 Plan could be right for you. It is an affordable way to leave your loved ones
a fixed cash sum when you’re gone, either as a cash gift or to help towards funeral costs.
 National Friendly also offer an elderly life insurance plan.
This life plan designed for
the over 50s with no medical required and guaranteed acceptance. The 50+ Life Plan from National Friendly is an easy way to
leave your family a lump sum payout in the event of your death. Available to UK residents aged 50-79, premiums start from
just £10 a month with a guaranteed lump sum pay out if death occurs after 12 months of the life insurance policy
commencing.
Full details can be found on the National Friendly website.
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