ASDA : Over 50s Life Cover

Product profile

Description

• People in the UK are living longer than ever, so planning for the future has never been so important

• ASDA Over 50s Life Cover is a way to prepare for the future and leave a useful cash lump sum for your loved ones when you're gone. 

For

• Aged 50 to 75

Period of cover

• Cover ends at death

Benefits

• Never pay out more than you get

• You choose the amount

• Level benefit basis

• Life cover

• Guaranteed acceptance

• No medical

• Monthly payments never increase

• One month's free cover

• Accidental death cover in first 2 years

• Double benefit for accidental death after 2 years

• If die of natural causes in first 2 years, will pay one and a half times the premiums paid

Warnings

• Not inflation linked
• No cash in value
• The cash sum could be subject to inheritance tax

Not covered

• Natural causes during the first two years

Options

• 9 levels of cover

Want to know more?

• Over 50s Life Cover information from Asda Finance