LV= Over 50s Life Insurance

If Pre Purchasing a Funeral Plan is not for you for whatever reason, it may be a better option to look at paying on a regular basis a more affordable premium for some Over 50s Life Insurance, again with Guaranteed acceptance if you are aged 50 to 80 years of age. Listed below are details of a Over 50s life insurance from Liverpool Victoria now known as LV=

A Pre Purchased Funeral Plan has the advantage of knowing that the full cost of the funeral will be covered but an Over 50s life insurance will at least provide some funds to help towards the funeral costs. Not everyone can afford to pay a single sum to buy a pre purchased plan but the advantage of buying an Over 50s life insurance plan is that it can be tailored to your monthly budget. Over 50s life insurance could be the solution for you.

50 Plus plan - life insurance cover for the over 50s- Guaranteed acceptance for UK residents aged 50 to 80 - with no medical required. It's so easy to sort out - Buy online or download our application form!.

Full Cover after 1 year - One of the great advantages of the 50 Plus plan from LV= is that your cover will pay out in full if you die more than one year after your plan starts. If you were to die in the first 12 months of your plan starting, it may only pay out what you have paid in. It is this that allows us to be able to offer guaranteed acceptance without the need for a medical or health questions.

With our no-nonsense Over 50s life insurance, it's simple to make sure those close to you will have a cash lump sum to help with the cost of any bills and funeral expenses when you are no longer around. Our premiums start from £5 per month and we guarantee to accept you for Over 50s life insurance as long as you are a UK resident aged 50 to 80 when your policy starts.

Payment from this plan will normally go to your estate. Inheritance tax could apply to the part of your estate that is currently worth more than £325,000 (2009/2010). Tax treatment depends on your personal circumstances. Please refer to the Policy Summary for details of how benefits from your plan will be taxed. Any references to taxation are based on our understanding of current legislation and HM Revenue and Customs practice, which is subject to change

The average national cost of a traditional funeral was £2,390 in 2008. - Source: LV= State of Retirement Report, 2008