50 Plus Life Insurance

50 Plus life insurance will give your family a cash sum when you die to help with funeral expenses or other costs. Cover is available from as little as £8 per month .* The actual premium will depend upon your individual circumstances.

What's more, AA members receive a gift of £50 in M&S vouchers** when they take out a policy.

Benefits of 50 Plus life insurance

• Guaranteed acceptance for UK residents aged 50 to 80
• AA members – £50 M&S vouchers with every policy**
• No medical and no health questions
• Fixed premiums are guaranteed never to rise once your cover starts, and the amount you are insured for will never go down as long as payments are met
• Guaranteed cash payout for your family if you die after two years from the start of your cover. However, the policy will pay out 1.5 times the premiums paid if you die within the first two years
• Accidental death benefit – if you die as a result of an accident in the first two years the full cash sum will be paid

Things you need to know

• No cash-in value at any time
• Overtime inflation will reduce the value of the sum payable
• If you stop paying before your 90th birthday, your cover will cancelled and you won't get anything back
• Depending on how long you live, the total amount of premiums you pay may be greater than the cash sum payable on death