Over 50s Life Insurance
Guaranteed acceptance and no medical questions
Over 50s life cover is a type of life insurance for you, if you’re aged over 50. With over 50s life insurance from AIG, you know you’ll receive the financial support to leave a small legacy for your loved ones, to help cover funeral costs or to pay off any debts. With premiums starting from £5 a month (based on age and smoker status), it’s an affordable way to get cover, if you’re on a budget.
It's not available through financial advisers or price comparison sites, but we've partnered with well-known names through which you can obtain cover. None of these partners offer financial advice, so it's important you make any decisions based on what's right for you.
Why choose AIG
- Guaranteed acceptance: We make getting insured simple - and guaranteed. If you’re aged between 50 and 85*, you’ll be accepted. There's no need to answer lengthy medical questions on the application, and you’ll be signed up within minutes.
- Accidental and early death cover: Nobody wants to think about needing to claim so soon, but if you were to die in an accident in the first two years of your cover, we’ll pay three times your lump sum. If you were to pass away from any other cause in the same timeframe, we’ll refund your premium payments and pay an extra 50% on top. If you die after 2 years, we’ll pay your full cover amount.
- Protected benefit: We want to help protect your payout in case your financial priorities need to change in the future. Our protected benefit cover means that if you need to stop your monthly payments for any reason, you could still be insured for a reduced amount providing you've paid at least half of the premiums due from the start of your plan up to your 90th birthday.
*Maximum age for smokers is 81. Must live in the UK, Channel Islands, Isle of Man or Gibraltar.
How to buy
You can view our partners and their over 50s life insurance web pages using the links below.
Meet Smart Health - the health and wellbeing service from AIG, designed with your physical and mental wellbeing in mind. Whether you need to talk to a registered UK GP or want to get some hints and tips from a nutritionist, you’ll be able to chat to a professional 24/7, 365 days a year and from anywhere in the world - all at no additional cost. There’s no cap on how many times you can use it, and your partner and any children up to age 21 can take advantage too.
With AIG, you’ll get access to Best Doctors for invaluable second medical opinions. Their expertise helps you and your family get the right diagnosis, treatment and care.
We all know that life insurance is there to support your loved ones should the worst happen, but at AIG, we know that there’s more to it than just financial protection. Winston’s Wish – the UK’s leading child bereavement charity – help children get the support they need in the event of losing a parent or sibling.
Smart Health and Best Doctors are non-contractual benefits which can be withdrawn at any time without notice.
Winston's Wish is a national charity that is accessible to anyone regardless of your insurance policy. The service is available even if your policy ends.