Legal & General Over 50s Life Insurance Plan
You wait ages for the right Over 50s Life Insurance Plan… …then three come along
at once.
Have you ever thought about making plans for when you’re no longer around – whether
it’s choosing to cover your funeral costs, or simply to leave some money behind
for your relatives? Maybe you’ve thought about buying life insurance before, but
the timing wasn’t right or you didn’t want to take the first offer that came along.
The good news is that we’ve developed not one, but three Over 50s Life Insurance
Plans so you can choose the plan that best suits your needs.
Everyone’s different, so our Over 50s Plans are different too
- The Fixed Plan –gives you the certainty of having the benefit of
a fixed cash sum paid out when you die. The premiums are guaranteed to never go
up once your plan starts. Inflation may, over time, reduce the value of the benefit
of your plan.
- The Increasing Plan – gives you the benefit of a cash sum paid
out when you die, which increases in line with the cost of living as measured by
the Retail Prices Index (RPI). Benefits and premiums will be reviewed each year.
- The Funeral Plan – for those who want to ensure that the costs
of their funeral are covered. The benefit of the Funeral Plan is that when you die
the costs of a traditional cremation funeral (or a contribution towards the costs
of a burial) are paid directly to Dignity, who will arrange the funeral through
their network of funeral directors. This plan benefit and premium will also increase
in the same way as the Increasing Plan.
Our plans have no cash-in value at any time and depending on long you live you may
pay in more than we will pay out in benefit for your plan.
