Choosing life insurance with Silversurfers

Life insurance is one of the most important steps you can take to protect your loved ones in the event of your death. 

A life insurance policy will pay out a lump sum to your loved ones if you die, and is the best way to protect your children, spouse or any other people who may be relying on you financially.

It’s never too late to take this practical step – many people avoid taking life cover over fears that it’s a complex, expensive and time consuming process.

The reality however is that there are plenty of life insurance policies that are designed to suit over 50s and purchasing a policy isn’t as difficult as you may think.

Understanding life insurance

Life insurance will provide your family with financial security if you die. The pay out can be used to cover the costs of living, and can help to pay off a mortgage, replace an income, cover childcare and education costs or maintain your family’s current standard of living.

Policies for over 50s tend to be whole-of-life insurance – this type of policy will leave your family with a lump sum that can cover funeral costs, household bills or be used simply as a financial gift to your family.

Anyone between the ages of 50 and 80 is eligible and in many cases there is no medical required and acceptance is guaranteed.

Your monthly premium will be based on a range of factors and you’ll know when you purchase the policy what kind of pay-out to expect.

Choosing life insurance with Silversurfers

At Silversurfers we’ve partnered with A-Plan insurance to help bring you a range of cover options tailored to over 50s.

As a broker, A-Plan works directly with over 30 insurers to provide you with an unbiased selection of life insurance policies. You get excellent service at the right price – and when you shop as a Silversurfers member, you get an additional 10% off too.