New Customers 0161 241 6146
Existing Customers 0808 275 0584

Over 50s Life Insurance

Online Quote

Got a minute? Fill in this form for a quote!

Policy Details
About You
Your Details

Type of Cover

Are you a smoker?

We compare the UK's top Insurance Providers

As the name suggests, over 50s life insurance cover is designed specifically for those aged 50 or over. Life insurance can become increasingly difficult to secure as you get older, which might leave you worried about getting the right cover for your loved ones. This is where an over 50s life insurance policy can help. It can offer you peace of mind by offering affordable, guaranteed life protection, especially as you approach retirement age.

Over 50s life insurance cover can help to provide financial support for your loved ones at a very difficult time. The cover can be taken out to help with funeral costs or to provide help with everyday living costs. This type of cover is tailored to the needs of those aged 50 or over, making it a desirable choice when other life insurance policies are not as suitable.

How does over 50s life insurance work?

Over 50s life insurance cover can be taken out between the ages of 50 and 80. While it is less common to see life insurance for over 60s and 70s, policies do still exist that can accommodate this. It is a desirable form of life insurance for people aged over 50 because it guarantees acceptance, where other policies may not accept you or will charge you a large monthly premium. By applying for over 50s cover, you will automatically qualify regardless of your health or lifestyle.

Over 50s insurance is a form of life assurance; this means a pay-out is assured as long as you continue to pay your premiums. You will pay a fixed, monthly premium that has been decided based on the amount of cover you want. When you pass away, your family will receive a lump sum pay-out.

Most over 50s life insurance policies will require you to pay the premium until you pass away. In this respect, it is similar to some whole of life insurance policy. However, many over 50s policies stop at the age of 90.

Some over 50s policies will have a qualification period once you buy. It is usually between one and two years, and you usually need to live past this period in order to secure the full pay-out. If you were to pass away during the qualification period, the pay-out would be calculated using the amount you had paid into the policy.

To find the right over 50s insurance cover for your needs, Caspian Insurance have a team of experts on hand to offer guidance and advice.

Should I get life insurance in my 50s?

Over 50s life insurance can provide your loved ones with financial support, should the worst happen. If you have a troubled medical history, over 50s cover will still accept you, and could mean that your partner, children or grandchildren have a helpful pay-out to soften the financial blow.

Standard life insurance cover can be harder to come by if you are over 50, which is why these alternative options are offered. Over 50s policies can create a guarantee for you and your family. If you have had a family later in life, and you have financially dependent children to consider, over 50s life insurance could be an ideal way to support them after you have gone.

How much does life insurance cost for over 50s?

How much cover you can take out on an over 50s life insurance policy can depend on the premium you want to pay each month, and how much financial help you want to leave your family. The bigger the pay-out for your family, the higher your premiums will be.

However, it is important to note that the older you are when you take out over 50s life insurance, the less pay-out will be.

Your over 50s life insurance cover can be used for funeral costs, paying off debts or to leave as a gift for your loved ones. It is worth considering what you want the cover for, as this could help you decide how much to take out.

Which life insurance policy is the best for over 50s?

There are a number of different over 50s life insurance policies to choose from, and deciding on the right one for you can be confusing. Level term and whole of life insurance cover have their benefits, but if you are over 50 then you might not be accepted. This is particularly true if you have a medical history.

If you are looking for life insurance and you are over 50, then over 50s cover is best suited to your needs. It guarantees acceptance and will pay out a lump sum to your loved ones when you pass away, leaving them with financial support when they need it most.


Please note that the descriptions above do not constitute as financial advice and may change dependent on individual circumstances and budgetary requirements. For quick and easy quotes, please get in touch on 0161 241 6146 and one of our friendly and knowledgeable advisors will be able to help.

Why Choose Caspian Insurance?


Save Time & Money

With a helping hand along the way, we search the market for you to secure the right policy at affordable prices.



Our extensive industry knowledge means we can provide you with the best policy options for your life protection.


UK Based Advisors

No call centres, no jargon. Just a team of experienced advisors dedicated to providing a customer centric approach.


Tailored Policy

With a custom-made policy, you will be confident in the knowledge that your loved ones will be taken care of in the worst-case scenario.


Free Trust Service

Receive specialist support and guidance via our free trust service for a clear understanding of how different policies work.


Exclusive Broker Benefits

We do the hard work for you to ease the underwriting process and compare a wide range of insurers in line with your best interests.

A Company You Can Trust

Request a Callback