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 This offer can be withdrawn at any time.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

The policy can only cover you (single person) and you can choose how much cover you need, or how much you wish to pay on a monthly basis.
There’ll be no medical or health questions, and your cover will start as soon as we’ve processed your application.
You can take out more than one policy, as long as your monthly premiums across all of your Aviva Over 50s Life Insurance policies taken out with Santander, are not more than £100 in total.
If you die in the first year as the result of an accident, the policy will pay out the lump sum. If you die from any other cause in the first year, the policy will pay out an amount equal to the premiums paid. If you die after the first year the policy will pay out the guaranteed lump sum.

Get a quote

If you want to speak to someone, but don’t need advice, call us on 0800 085 0540
To book an appointment with a branch adviser please use our online appointment booker

Things to consider

If you don't pay your premiums during the premium term, your policy and your cover will end 60 days after your last payment was due and you won't get any money back.
The lump sum paid is fixed, so inflation will reduce what it can buy in the future. You should review your cover to ensure that it remains adequate over time.
Depending on how long you have the policy for, the amount paid out on your death may be less than the total amount you've paid in premiums.

Important documents

To view these documents, you may need to download Adobe Reader

Existing customers

How can we help you?

Policy in trust

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.

Over 50s Life Insurance

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.

Cashback offer

Getting a little back

What you can get

Over 50s Life Insurance

Things to consider

My money? My info? I don't think so!