Sun Life Direct: Guaranteed Over 50 Plan

Product profile

Description 

For a fixed monthly premium you can help towards funeral expenses.

Age

50 to 85

Maximum sum insured

£20,000

Benefits

• You choose the monthly amount

• Life cover

• Guarantee acceptance

• No medical and no health questions

• Premiums that never change

• Fixed cash sum on death if you die after 2 years

• If you die in the first 2 years, all premiums repaid plus half as much again

• Triple travel accident death benefit

• Careline, a 24/7 confidential health advice line

Option

Funeral Benefit Option with Co-Operative Funeralcare

How the Funeral Benefit Option works 

The fixed cash sum gets paid directly to The Co-operative Funeralcare after your death, rather than to your estate. This can go towards a cremation funeral or a burial, giving you and your family flexibility. The cash sum will then be deducted directly from the final cost of your funeral, along with the extra £250 contribution from The Co-operative Funeralcare. If the cost of the funeral is less than the cash sum and the £250 contribution combined, the balance will be paid to your estate. However if the cost of the funeral is more than the combined amount, your loved ones will need to pay the balance to the funeral director.

Last updated: 5 October 2010