Over 50s Life Insurance

Provide your loved ones with a fixed lump sum upon death, which could be used to help towards funeral costs

Over 50s life insurance

Provided, administered and underwritten by Aviva Life & Pensions UK Limited

If you’re aged between 50 and 80, this policy could help provide your family or loved ones with a fixed lump sum upon death, which could be used to help towards funeral costs.

Cashback offer

Getting a little back

All customers


Get £100 cashback when you take out a new life insurance policy

New and existing Santander mortgage customers get an extra £50


Get £150 cashback if you’re a mortgage customer and take out a new life insurance policy

We’ll pay cashback once per customer. This offer can be withdrawn at any time. See full cashback terms and conditions (pdf) (582 KB)

What you can get


  • If you’re a 1I2I3, 1I2I3 Lite or Select Current Account customer other benefits are available
  • Life insurance from Aviva, the UK's largest insurer
  • Your monthly payments won't increase once you've taken out the policy
  • Guaranteed acceptance with no health questions

Using a trust could prove tax-efficient

You can put your life insurance policy in trust.

The lump sum paid out on death is currently free from income and capital gains tax. Your policy may be subject to inheritance tax unless you put it in a suitable trust. 

If you're unsure on whether you should put your policy in trust you should seek specialist legal advice. Tax rules may change in the future.

See our forms below for more information

Aviva Guide to Protection Trust (pdf)

Aviva Survivor Trust Form (pdf)

Aviva Discretionary Gift Trust Form (pdf)
The Financial Conduct Authority and the Prudential Regulatory Authority do not regulate taxation and trust advice.

Over 50s Life Insurance has no cash-in value at any time, and exclusions and limitations will apply. For full details, please read the policy summary and policy conditions. Please make sure you read all the information provided before getting a quote.