British Seniors are a specialist over 50s life insurance company set up by Neilson Financial Services who are regulated by the Financial Conduct Authority. The policy is provided by Scottish Friendly Assurance Limited.
The plan works differently to other over 50 life insurance plans in that it guarantees that you will never pay in more than your loved ones will get back. With other plans there is a possibility that you could pay more in monthly premiums than the cash sum payment if you live a long time.
They have a very good rating from their customers on feefo an independent review company with 99% saying that they were happy with their service.
More features of the British Seniors Over 50s Life Insurance Plan
Cover from £6.98 to a maximum depending on your age
Full cover after an initial period of 2 years
Immediate cover should you die as a result of an accident: 3 times your benefit amount up to £60,000 – if death is due to an accident
Guaranteed to pay our a cash sum when you die
Acceptance is guaranteed regardless of health issues
Available to UK residents between the ages of 50 to 80
Unlike most plans you can have a joint plan with your spouse, civil partner or common law partner
Things to consider
- There is no cash-in value at any time,
- Ensure you choose enough benefit amount, as inflation may reduce its buying power over time,
- The protection of the Lifetime Payback Guarantee® applies if you continue your policy for life and will only reduce in value if you reduce your benefit amount.
The maximum level of cover is as follows:
|Age at start date
||Maximum benefit amount
|50 - 54
|55 - 59
|60 - 64
|65 - 69
|70 - 74
|75 - 80
How to get a British Seniors Over 50s Life Insurance Quote
You can visit the British Seniors Over 50 life Insurance here.
You could also "Compare Quotes" on our site to see how they compare to the other leading over 50 life insurance companies.
Get a Quote