*Limited to two per household when your policy has been in force for 3 months.
Tell me more about this offer

How does it work?

Our Over 50s life insurance, provided by Legal & General, is designed to pay out a cash sum when you die, providing you’ve had the policy for more than a year. This could be used to help your loved ones with everyday bills, contribute towards funeral costs or be a gift for grandchildren. If you wish, your policy can also be put in to a trust.

If you’re between 50 and 80 years old and a UK resident, you can take out Over 50s life insurance with us from £5 depending on your age, without the need of medical or health assessments.

Did you know you can take out more than one policy? For example, if you needed to leave more to help cover higher funeral costs in the future. The policy is not guaranteed to cover the full cost of a funeral. Please ensure the total payout of all Legal & General Over 50s Life Insurance policies does not exceed £10,000. For existing policies taken out before 25 November 2017 please refer to your Policy Terms & Conditions for your total sum assured value.

Will my family receive help with my funeral?

Funeral benefit option

What are the key features?

Over 50s Life Insurance Policy Summary

PDF document 210kb

How do we compare?

To help you see how we measure up, we compared our Over 50s Life Insurance to other companies. Although the actual features of each product may vary, you can see that Direct Line pays out more for the same monthly costs.

Product name Payout Payable Monthly cost stops
Direct Line Over 50s Life Insurance £3,814 After 1 year Age 90
Sun Life Direct Guaranteed Over 50 Plan £3,599 After 2 years Premiums paid for life
Aviva Guaranteed Lifelong Protection £3,428 After 1 year After 30 years or age 90
Payout Payable Monthly cost stops
Direct Line Over 50s Life Insurance
£3,814 After 1 year Age 90
Sun Life Direct Guaranteed Over 50 Plan
£3,599 After 2 years Premiums paid for life
Aviva Guaranteed Lifelong Protection
£3,428 After 1 year After 30 years or age 90

Our comparison is based on a 65 year old paying £20 a month.‘Payout' and ‘Payable’ taken from Aviva and Sun Life Direct as per quotes taken on 10th April 2018 from websites. The cost and payout is dependent on your individual circumstances. All terms and conditions vary.

What you need to know

  • Premiums start at £5 a month depending on your age and stay fixed throughout the policy.
  • Even though you’re covered for life, you won’t need to make further payments after your 90th birthday.
  • If you die from natural causes within the first year we’ll refund any premiums paid, unless you die as the result of an accident, where we’ll pay your cash sum.
  • A claim can be made after one year, regardless of the cause of death.
  • Depending on how long you live, the total sum paid in premiums may be more than the cash sum payable on death.
  • If you stop paying your premiums before the end of your policy, your cover will stop 30 days after your missed premium and you won’t get anything back.
  • Unlike a savings or investment product, your policy has no cash value unless a valid claim is made.
  • Inflation will reduce the buying power of your cash sum in the future.

Over 50s Life Insurance e‐Gift Card terms & conditions

Eligible for an e‐Gift Card three months after the policy start date, provided you haven’t cancelled your policy. No cash alternative provided.

You’ll receive an email or letter confirming how to redeem your gift. Please allow 30 days for delivery of this communication. One e‐Gift Card per policy sold, limited to two per household.

Promoter: Legal & General, Knox Court, 10 Fitzalan Place, Cardiff CF24 0TL.

For more information about claiming your choice of e‐Gifts for over 50s life insurance.

*Amazon.co.uk is not a sponsor of this promotion. For complete gift card terms and conditions, see www.amazon.co.uk/gc-legal. All Amazon ®, ™ & © are IP of Amazon.com, Inc. or its affiliates.

Frequently asked questions

q1 Do I need a medical?
No, anyone can apply as long as they are aged between 50 to 80 and a UK resident. Over 50s Life Insurance requires no medical or health assessment, so you are guaranteed to be accepted.
q2 Will my premiums go up?
No, your premiums will stay the same throughout the whole policy. On your 90th birthday you will stop paying premiums but your cover will continue.
q3 Can I reduce premiums?
You may be able to reduce your premium, as long as you have held your policy for at least one year. If you choose to reduce your premium it cannot go below the minimum premium and your benefit will reduce. This option can be used once per policy, as long as we still offer this option.

For further information please call us. We will write to you to confirm if this change can be made.
q4 Can I put my plan in Trust?
Yes you can. Putting your life insurance policy in Trust means that any life cover cash sum can go to the people you choose. Your chosen beneficiaries could receive the cash sum without the need for probate to be granted. And, under current tax rules, it could help protect the cash sum from Inheritance Tax. A Trust is a way of giving away something of value (the asset) for the benefit of others (the beneficiaries) but without giving them full access to and control over it. The Trust specifies who may benefit from the asset. The Trust will also specify who you want to look after and control the asset (the trustees). Your professional adviser may charge you for any advice provided.
q5 Do you offer over 60s life insurance?
If you are over 60, Direct Line offers Life Insurance or Over 50s Life Insurance, both of which are provided by Legal & General. You can see some features, eligibility, benefits and what you need to know on our website. You may find either or both products suit your needs, it's up to you to decide.

Have another question about Over 50s Life Insurance?

Visit our FAQs