Provide your loved ones with a fixed lump sum upon death, which could be used to help towards funeral costs.
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.
- Over 50s Life Insurance Policy Summary (pdf)
- Over 50s Life Insurance Policy Conditions (pdf)
- £75 cashback terms and conditions (pdf) offer withdrawn on 19/11/2021 (45 KB)
- See full cashback terms and conditions live from 10 Jan 2022 (pdf) (582 KB)
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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 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.