Life insurance may become more pressing as we age, especially if we have dependents who rely on us financially. Several life insurance providers in the UK offer policies specifically designed for people over 50. In this blog post, based on customer reviews and expert ratings, we’ll explore the best life insurance providers for people over 50 in the UK.
1- SunLife
SunLife is a UK-based insurance provider specializing in life insurance for people over 50. They offer term and whole life insurance policies, with coverage amounts ranging from £5,000 to £20,000. SunLife also offers a guaranteed acceptance policy for people between 50 and 85, meaning no medical questions or exams are required to apply for coverage.
According to independent customer reviews on Trust pilot, Sun Life has a rating of 4.7 out of 5, with over 11,000 reviews. Customers praise the company for their competitive premiums, the straightforward application process, and helpful customer service.
2- Legal & General
Legal & General is one of the UK’s largest insurance providers, offering a range of life insurance products, including over 50s life insurance. They offer guaranteed acceptance policies for people between 50 and 80, with coverage amounts ranging from £2,000 to £25,000. Legal & General also provides a range of additional features, such as funeral expenses cover and accidental death cover.
According to independent customer reviews on Trustpilot, Legal & General has a rating of 4.3 out of 5, with over 5,000 reviews. Customers praise the company for their competitive premiums, clear and concise policy documents, and helpful customer service.
3- Royal London
Royal London is a UK-based mutual insurer offering a range of life insurance products, including those over the 50s. They offer guaranteed acceptance policies for people between 50 and 80, with coverage amounts ranging from £3,000 to £25,000. Royal London also offers a range of additional features, such as critical illness coverage and terminal illness cover.
According to independent customer reviews on Trustpilot, Royal London has a rating of 4.6 out of 5, with over 7,000 reviews. Customers praise the company for their competitive premiums, the straightforward application process, and excellent customer service.
4- Age Co
Age Co is a UK-based insurance provider specializing in products for people over 50. They offer a range of life insurance products, including guaranteed acceptance policies for people between 50 and 85, with coverage amounts ranging from £2,000 to £10,000. Age Co also offers a range of additional features, such as funeral expenses coverage and bereavement support.
According to independent customer reviews on Trustpilot, Age Co has a rating of 4.4 out of 5, with over 3,000 reviews. Customers praise the company for their helpful customer service, competitive premiums, and straightforward application process.
5- British Seniors
British Seniors is a UK-based insurance provider specializing in life insurance for people over 50. They offer both term and whole life insurance policies, with coverage amounts ranging from £2,000 to £20,000. British Seniors also offers a guaranteed acceptance policy for people between 50 and 80, meaning no medical questions or exams are required to apply for coverage.
According to independent customer reviews on Trustpilot, British Seniors has a rating of 4.5 out of 5, with over 2,000 reviews. Customers praise the company for their competitive premiums, helpful customer service, and straightforward application process.
