You are in

Guaranteed Over 50 Plan

Provided by AXA Wealth Limited, trading as SunLife

Leave a cash sum for loved ones when you're gone, with the Guaranteed Over 50 Plan.

This is a whole of life insurance policy designed to pay out a fixed cash sum on death after the first two years.

  • You're guaranteed to be accepted if you're a UK resident, aged 50 to 80 years - no medical or health questions.

  • You can choose any premium from between £6 and £74 per month as long as the fixed cash sum is no more than £25,000.

  • Premiums never go up and your cover never comes down, although inflation will reduce its value over time. You just need to choose a premium you can comfortably afford as if you stop paying before age 90 (or your death if earlier), your cover will end as there is no cash in value, you won't get anything back. Also, depending on how long you live, you could pay more in premiums than the cash sum paid out.

  • Guaranteed cash sum payout for loved ones on death after two years.

  • Premiums stop when you reach 90 but your cover continues for life.

  • First month's premium is free.

IMPORTANT INFORMATION YOU MUST READ BEFORE YOU DECIDE TO PURCHASE

  • Although acceptance is guaranteed, the cash sum payout is only payable on death after the Plan has been in place for 2 years. If you die within the first 2 years of taking out the Plan, as a result of an accident (see the Terms & Conditions, section 3) or within 90 days of the accident from injuries sustained in it, SunLife will pay out the full cash sum.

  • If you stop paying premiums when due, then your cover will end and you will get nothing back.

  • You should bear in mind that depending on how long you live, you could pay more in premiums than the cash sum paid out.

  • Inflation risk - because the cash sum paid out is fixed, its value will be reduced by the effects of inflation.

Please read all the information, especially the Terms and Conditions which includes the Policy Summary and Santander's key facts about our insurance services.

 

 

Get a quote

How it works
The Guaranteed Over 50 Plan provides a fixed cash sum to leave as a gift for loved ones or to help towards funeral costs.

Provided you are a UK resident and aged 50 to 80 years you're guaranteed to be accepted without any medical or health questions.

The Guaranteed Over 50 Plan guarantees to pay out the fixed cash sum on your death, as long as you have been paying into the Plan for at least two years. If you die within the first two years, except as the result of an accident, SunLife will pay out an amount equal to one and half times the premiums paid.

If you die within the first two years of taking out the plan solely as a result of (and within 90 days of) accidental bodily injury because of a sudden or unexpected event, the full fixed cash sum will be paid out instead of 1½ times the premiums paid.

Premiums start from £6 a month. You can choose any premium up to £74 a month, as long as the cash sum doesn't go above £25,000.

Your premiums will never go up and your cover will never go down - no matter what happens to your health. You simply need to keep paying premiums when due, as if you stop your cover will end and as there is no cash in value, you won't get anything back. You should bear in mind that as the cash sum is fixed, inflation will reduce its value over time.

Premiums stop at age 90, so providing you have kept up to date your premium payments, you have the peace of mind knowing that your cover will continue for life, but you won't have to pay any more.

You should also bear in mind that depending on how long you live, you could pay more in premiums than the cash sum paid out.

The Guaranteed Over 50 Plan is provided by AXA Wealth Ltd, trading as SunLife. SunLife is one of the UK's leading life insurance providers for plans of this type and there are more than 856,000** Guaranteed Over 50 Plan policyholders.

First month's premium free
Pay nothing for the first month, whichever premium you choose.

Welcome Gift
Choose from a camera, Amazon Kindle, £75 Argos gift card or £75 Marks & Spencer vouchers, or a pocket camcorder. Subject to availability, terms and conditions apply. In the event that your chosen gift not being available, an alternative will be offered.
Kindle, Amazon and the Amazon Kindle logo are trademarks of Amazon.com, Inc. or its affiliates. Kindle devices are given away by SunLife. Amazon EU Sarl is not a sponsor of this offer.

Please read all the information, especially the Terms and Conditions which includes the Policy Summary and Santander's key facts about our insurance services.

**856,119 as at 15 May 2014

 

Get a quote

Please ensure you have carefully read all the information provided especially the Terms and Conditions including the Policy Summary and Santander's key facts about our insurance services.

Guaranteed Over 50 Plan Terms and Conditions

Including the Policy Summary

Key facts about our insurance services 

Get a quote

Before you apply
You should only apply for this Plan, if having read all the information provided, especially the Terms and Conditions which includes the Policy Summary and Santander's key facts about our insurance services, you believe that you are eligible for it. The insurance is subject to a number of significant exclusions and limitations. These are shown in the accompanying pages and also in the Policy Summary and detailed in the Terms and Conditions which includes information about your cancellation rights.

You must meet the following criteria at the start date of the policy:

  1. are aged 50-80

  2. are resident in the UK

Please ensure you have read the Guaranteed Over 50 Plan Terms and Conditions which includes the policy summary and the key facts about our insurance services

Get a quote and apply online

Phone
Call the SunLife helpline on 0800 904 7602, Monday to Friday 8am-6pm. Telephone calls may be recorded.

Make sure this plan is right for you
Santander.co.uk doesn't contain advice, so you need to be satisfied this type of policy meets your needs. If you are unsure and need advice, you can find an Independent Financial Adviser in your area by visiting www.unbiased.co.uk

Alternatively, if you have any questions about the plan, you can call SunLife on 0800 904 7602.

Santander also offer other Life insurance products if you are unsure this plan is right for you.

Please read all the information, especially the Terms and Conditions which includes the Policy Summary and Santander's key facts about our insurance services.

 

Get a quote

Frequently asked questions

You may also be interested in

You may also be interested in

Titulo

Lorem ipsum dolor sit amet, consectetur adipiscing elit ipsum dolor sit amet, consectetur adipiscing elit ipsum dolor sit.