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Over 5os Life Assurance

DOES ANYONE KNOW ANY GOOD LIFE ASSURANCE FOR THE OVER 50s WITH A CHEAP RATE AND GOOD PAYOUT?:confused:

Comments

  • Mikeyorks
    Mikeyorks Posts: 10,380 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    http://www.moneysavingexpert.com/insurance/home-insurance

    Follow the advice in the above article. I think you will generally find that the added value offered by 'over 50's' is more theory than practice? And I really don't understand what 'GOOD PAYOUT' means? Have you got a claim all ready to make?
    If you want to test the depth of the water .........don't use both feet !
  • AL66
    AL66 Posts: 4 Newbie
    No Payout But Looking Into The Future For All Concerned
  • dunstonh
    dunstonh Posts: 121,263 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Most over 50 life assurance plans are pretty naff and should only be considered a last resort. Standard whole of life or term assurance should be first point of call due to better coverage and better rates.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • Mikeyorks
    Mikeyorks Posts: 10,380 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    My sincere apologies - completely mis-read your original post. Hence the rather dumb link to house insurance:o

    Was looking at quotes for my Mother earlier on ... and must have had that (and liitle else?) on the brain!
    If you want to test the depth of the water .........don't use both feet !
  • AL66
    AL66 Posts: 4 Newbie
    Thanks For The Advice Dunstonh I`ll Look Into It More Closely. No Probs Mike Cogs Are Not Clicking Here At Moment Either
  • AL66
    AL66 Posts: 4 Newbie
    is there any suggestions for whole of life or term companys?
This discussion has been closed.
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