Over-50s life insurance plans are one way to leave a fixed payout after death, but they are not automatically the best or cheapest option. Check eligibility, any initial waiting period, the payout, how long premiums must be paid and what happens if you stop paying. Depending on how long a policy runs, total premiums can exceed the payout.
Regular term or whole-of-life cover may also be worth considering, depending on your needs and insurer assessment. Read the over-50s overview and compare life-cover types before deciding what to discuss.
Start an adviser enquiry for help exploring options. Availability, premiums and policy terms vary; the journey is not an instant quote or policy purchase.
