OVER 50’S LIFE INSURANCE FROM ASDA

Asda used to provide Life Insurance from LV which was designed to provide your family with a lump sum should the worst happen. This can help with mortgage or rent, replace lost income and help with the costs of bringing up children.

Asda also offered Life Insurance for the Over 50’s which is a guaranteed life cover plan designed to provide a one-off cash payment when you die. This cash could be used to help pay for funeral expenses, any loans or bills you may still have to pay, or perhaps to leave a gift for your loved ones. While Asda no longer offer Life Insurance, you can get the same or very similar policies from providers such as SunLife and Shepherds Friendly right here through SaveOnLife.co.uk.

Features of Life Insurance for the Over 50s

Fixed Monthly Premiums – Top insurers fix your premium for the life of the policy
The total paid in premiums could be more than the cash payout (depending on how long you live)
Inflation reduces buying power over time
Guaranteed pay out – Whole of Life Insurance so no risk of you outliving a term
Life Insurance is a popular way to help towards the cost of a funeral or leave a lump sum to loved ones
Life Insurance pays out a fixed lump sum and so does not guarantee to cover the full cost of a funeral
Guaranteed Acceptance – No health or medical questions to answer
Trust Service – For no extra cost our experts can help you put your policy in trust meaning no Inheritance Tax to pay

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