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Follow on Google News | Over 50's Life Insurance Scheme LaunchHome Shield Insurance are pleased to announce the launch of a new Over 50's Life Insurance Scheme, with guaranteed acceptance and no medical reports or questions. The policy will run for the whole of life and permiums start at just £8 per month.
So how does this work? Rather than taking all of your personal details into account when processing your policy (height, weight, medical history, etc) we only look at your age, gender, how much cover you would like and if you are a smoker or not. That’s it, nothing else, and we will offer you a guaranteed premium based on those factors. What’s more, the premiums will never increase as you get older, you will always pay the same price unless you decide to change your cover. Why do I need life insurance? For people aged over 50 there are several reasons, but the main one that always seems to come up is funeral expenses. With the average funeral now costing £3,903 (research by Braham 2010) the last thing anyone wants to do is leave this costly expense to their family. How quickly can I be covered? Immediately! How much will it cost? Premiums range from £8 to £50 per month, depending on your age, gender, how much cover you need and if you are a smoker. As an example cover for a 51 year old female, non smoker, would cost £10 per month for £4,324 worth of cover. What is the tax situation? All benefits paid out are free from income tax and capital gains tax but may be subject to inheritance tax unless your policy is written into trust. At Home Shield we are happy to write your policy into trust for you free of charge. Are there any other benefits? Yes. If you take out a policy through Home Shield Insurance you will receive £30 worth of gift vouchers of your choice as a thank you. An Enthused Company Director Terry Keaney commented “We are very pleased, and excited, to be launching this product. We have always been proud of the policies and rates we have available and this product just strengthens what we have to offer.” For more information please visit http://www.hsinsurance.co.uk/ # # # Home Shield Insurance are an independent UK based Insurance broker specialising in Life Insurance, Mortgage Payment Protection and Business Protection. We offer a Dedicated Adviser service to all of our clients and are proud to be unique. End
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