We’ve teamed up with Engage Mutual Assurance, a well-established UK financial services organisation, to bring you their life insurance policy designed especially for the over 50s. Over 50s Life Cover Plus provides the reassurance of a cash lump sum for your family. However, it may also help when you need it most by including serious and terminal illness benefits as well as Engage Health Support Services.

Use our Handy Quote Calculator on the right hand side to see what Engage Mutual’s life cover plan could pay out. Alternatively, call Engage Mutual’s expert team on 0808 252 9701, lines are open 8am-8pm Monday-Friday and 9am-4pm Saturdays.

Important features Plus these benefits as standard
  • Guaranteed to pay out a cash lump sum providing some peace of mind for you and your loved ones. Whether to help towards bills or simply as a gift the cash is sure to be appreciated. As inflation will reduce the buying power of the lump sum you may wish to periodically review whether your cover is sufficient.
  • Premiums from £10 per month – that’s as little as 33p a day and they range to £75 per month if you’re looking for more cover. The total premiums you pay may exceed the final payout.
  • Premiums guaranteed never to rise and you only pay until the age of 90 but you’ll continue to be covered.
  • Guaranteed Acceptance without a medical for UK residents aged 50-80 years old so no need to worry about seeing your doctor or answering intrusive medical questions
  • Free welcome gift of £30 M&S vouchers when you take out a plan. Terms and conditions apply.
  • 20% of the life cover if you become seriously ill. In case you need a little extra cash to help with your care or treatment. You can claim on diagnosis after the 2nd anniversary of your policy and it will reduce the final benefit by 20%. Terms and conditions apply.
  • 100% of the life cover if you become terminally ill. It’s hard enough coping with the news of terminal illness without worrying about money too. You can claim on diagnosis after the 2nd anniversary of your policy and this will close your policy. Terms and conditions apply.
  • Free access to Engage Health Support provided by RED ARC. Money can’t solve everything, so Over 50s Life Cover Plus provides you and your family with access to practical help, emotional support and advice when you make a serious or terminal illness benefit claim.

Your Cover

Amount payable on death within 2 years

Natural causes

150% of premiums paid

 

Accidental death

3x sum assured up to a

maximum payout of £48,000

Amount payable on

death after 2 years

Any cause

Chosen sum assured less any

Serious Illness Benefit paid

You can claim Serious or Terminal Illness Benefit on diagnosis after the 2nd policy anniversary. This is not a savings plan. The total amount paid out on death normally counts as part of your estate and may be subject to Inheritance Tax.

Engage Mutual Assurance is a trading name of Homeowners Friendly Society Limited (HFSL), Registered and Incorporated under the Friendly Societies Act 1992, Reg. No.964F. Authorised and regulated by the Financial Services Authority (FSA). HFSL’s FSA Registration number is 110072. You can check this on the FSA’s Register by visiting the FSA’s website www.fsa.gov.uk or by contacting the FSA on 0845 606 1234. RED ARC Assured Limited provides a core advisory service for customers of Engage Mutual Assurance. RED ARC Assured Limited is not authorised or regulated by the Financial Service Authority.