Over 50s Life Insurance: 50+ Life Cover

Guaranteed cash pay-out when you die

• This guaranteed lump sum could help towards funeral expenses or any outstanding debts you leave behind, or form a small legacy in your Will.
• It's important to make sure you choose a benefit level that will realistically help your dependants when you're no longer around.  Remember that inflation will reduce what can be bought in the future with the sum assured.
• Please bear in mind that if you should die during the first two years of the policy, payouts are limited to the return of premiums - other than in the case of accidental death.
• When your premiums cease at age 90, your basic sum assured and any bonuses added will remain in place and will continue to be paid out on your death.
• If you stop paying premiums before you reach 90 the life cover will cease immediately.  It also has no cash-in value for the first two years.  After two years you can cash in your policy, but the value of it is unlikely to be as much as you have paid in.  Alternatively, after two years, you can apply for a paid-up policy with reduced benefits.
• Please remember that this is not a funeral plan and there is no guarantee that the amount received would cover the costs of a funeral.

Bonuses could be added to the cash payout (sometimes called the basic sum assured)

• We aim to add to the value of your guaranteed basic sum assured payable on death by adding annual bonuses, with a possible additional bonus paid at the time of death.
• Your entitlement to future bonuses will continue beyond age 90 even though you have stopped paying premiums. Our aim is to continue to increase the final cash sum paid to your dependents.
• It's important to note that any bonuses added to your policy's value cannot be taken away and become part of your guaranteed return.
• The addition of bonuses is not guaranteed and will depend on the performance of our With Profits Fund and how we decide to distribute any profit. For more detailed information on how we manage the fund see ' How you share in the profits of Foresters Friendly Society'.

Guaranteed acceptance - no medical required

• You won't be asked any health-related questions or need a medical (even if you've had cancer or suffered a stroke), and no evidence of earnings is required either.
• Our over 50s life insurance is only available to UK residents aged between 50 and 80 years.

From just 36p a day

• It's remarkably affordable, with a fixed premium based on your age and gender.
• You stop paying premiums at age 90 to reduce the possibility of over-paying into the policy.
• Depending on how long you live, the total premiums paid may be greater than the amount payable on death. You must continue to pay the premiums to maintain the cover.
• See how much cover you can get for your monthly premium here.
• Please remember that inflation will reduce what can be bought in the future with the sum assured.

Automatically become a Member and access unique benefits

• When you begin your 50+ Life Cover with Foresters Friendly Society you'll automatically gain access to our special range of social, benevolence and protection benefits - all at no extra cost.  Discretionary benefits are not regulated by the FSA.