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5 reasons to consider over 50 life cover

If you’re considering over 50s life cover, here are five reasons why SunLife’s Guaranteed Over 50 Plan might be the right choice for you.

How easy is it to make an over 50 life cover claim?

We make the claims process simple for your loved ones because we understand what a difficult time it is for them. We’re proud to say we pay 9 out of 10 claims within 3 days of receiving the right paperwork, so the money’s with the people it should be when it should be.

With so many companies now offering over 50 life insurance, we understand it can be difficult to know which one to choose. To help you decide, here are 5 reasons why we believe the Guaranteed Over 50 Plan could be the right choice for you.

Firstly, we’re the nation’s favourite1 for over 50 life insurance and over 660,000 people have already chosen the Guaranteed Over 50 Plan, so you’ll be in good company.

The Guaranteed Over 50 Plan is also the most affordable plan of its type with premiums from £3.90 a month2 – that’s the lowest fixed premium on the market for this type of plan.

The plan is both straightforward and affordable and 86% of the plan’s new customers3 think SunLife is the most straightfordable life insurance company.

The SunLife name has been around for over 200 years.

5 reasons to consider over 50 life insurance infographic
  1. Most popular whole of life guaranteed acceptance plan bought directly. ABI statistics - 12 months up to 30 September 2017
  2. £3.90 is the lowest fixed monthly premium on the market for this type of product, compared with the top 5 most popular providers, as at 30 November 2017
  3. New customers were asked ‘Do you think that SunLife is the most ‘Straightfordable’ life insurance company?’ - SunLife Continuous Research Program, New Policyholders March 2017, based on a sample of 300 new policyholders
  4. We pay 9 out of 10 claims within 3 working days upon receipt of required documents. 12 months to April 2017

How easy is it to claim

Video transcript
How easy is it to claim?

We understand that making a life insurance claim is the last thing a family wants to worry about at such a difficult time so we've made it as simple as possible.

When the time comes, all your loved ones will need to do is simply call us or write to us and we will help them with the rest. Once we’ve received the paperwork, we pay 9 out of 10 claims within just 3 days.

You’ll be pleased to know that 96% of claimants were satisfied with our service.

So you’ll have peace of mind knowing your loved ones should receive their money from you quickly and easily.

SunLife offers a range of straightforward and affordable products including over 50s life insurance, funeral plans, life insurance, equity release, pet insurance, home insurance, car insurance, ISAs and Will writing services.

Here's the information that you need to know about who we are and the other companies that we work with in order to provide our products and services.

Who are SunLife? 

Phoenix Life Limited trades as SunLife and is the provider of the Guaranteed Over 50 Plan, SunLife Insurance and the life insurance policy payment option for Funeral Plans. Phoenix Life Limited’s registered office is at 1 Wythall Green Way, Wythall, Birmingham, B47 6WG (registered in England, no. 1016269). Phoenix Life Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority and is entered on the Financial Services Register (registration no. 110418). As part of SunLife’s commitment to quality service and security, telephone calls may be recorded.

SunLife Limited distributes financial products and services and is a company limited by shares, registered office: 1 Wythall Green Way, Wythall, Birmingham, B47 6WG (registered in England, no. 05460862). SunLife Limited is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register (registration no. 769427).

You can contact us by post at SunLife, PO Box 1395, Peterborough, PE2 2TR or by phone on 0800 008 6060.

If you choose to add Funeral Benefit Option to your Guaranteed Over 50 Plan the funeral services are arranged and provided by Dignity Funerals Limited. Dignity Funerals Limited is a company registered in England and Wales No. 00041598. VAT registered No. 486 6081 14. 4 King Edwards Court, King Edwards Square, Sutton Coldfield, West Midlands, B73 6AP. Telephone No. 0121 354 1557. Fax No. 0121 355 808. Part of Dignity plc. A British Company. Dignity are not regulated by the Financial Conduct Authority or the Prudential Regulation Authority but are registered providers with the Funeral Planning Authority.

Who provides the Funeral Plans?

The funeral services are arranged by a funeral director selected by Golden Charter Ltd. Golden Charter Ltd are not required to be authorised or regulated by the Financial Conduct Authority or the Prudential Regulation Authority in relation to funeral plans but are registered providers with the Funeral Planning Authority.

If you choose to pay for your funeral in one go, with a single payment, you will have a contract with Golden Charter. The funeral services will be arranged by a funeral director selected by Golden Charter Ltd.

If you choose to pay for your funeral with a life insurance policy, the policy will be provided by Phoenix Life Limited, trading as SunLife. The funeral services will be arranged by a funeral director selected by Golden Charter Ltd.

Who provides My Smarter (ISA)?

My Smarter (ISA) is provided by Scottish Friendly Asset Managers Limited. Authorised and regulated by the Financial Conduct Authority. Details can be found on the Financial Services register, registration No. 188832. Member of The Investment Association. Registered Office: Scottish Friendly House, 16 Blythswood Square, Glasgow G2 4HJ.

Who provides the Will writing services?

Hugh James is authorised and regulated by the Solicitors Regulation Authority (SRA Number:303202).

The information contained on this website is based on Hugh James' understanding of the law of intestacy in England and Wales only as at April 2014. The law in Scotland and Northern Ireland is significantly different. This is for information purposes and is not intended to be legal advice.

Who provides Family Life Insurance?

SunLife Family Life Insurance is provided by Scottish Friendly Assurance Society Limited which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Details can be found on the Financial Services register (registration number 110002). Registered Office: Scottish Friendly House, 16 Blythswood Square, Glasgow G2 4HJ. 

Who provides SunLife Pet Insurance

SunLife Pet Insurance is arranged and administered by BDML Connect Limited. BDML Connect Limited is authorised and regulated by the Financial Conduct Authority (No. 309140). Registered in England and Wales Number 02785540. Registered Office: 45 Westerham Road, Bessels Green, Sevenoaks, Kent, TN13 2QB.

Who provides SunLife Home Insurance

SunLife Home Insurance is arranged and administered by BISL Limited and underwritten by a panel of insurers. BISL Limited are an intermediary authorised and regulated by the Financial Conduct Authority. Registered in England no. 03231094. Registered office Pegasus House, Bakewell Road, Orton Southgate, Peterborough PE2 6YS.

Who provides SunLife Car Insurance

SunLife Car Insurance is arranged and administered by BISL Limited and underwritten by a panel of insurers. BISL Limited are an intermediary authorised and regulated by the Financial Conduct Authority. Registered in England no. 03231094. Registered office Pegasus House, Bakewell Road, Orton Southgate, Peterborough PE2 6YS.