Cover that helps you at a difficult time
Ease the financial burden on your family when you’re gone. For a small monthly payment an Over 50s Life Cover policy is a simple way for you to help cover costs at a difficult time, or to leave your loved ones some money when you die.
Over 50s Life Cover is provided and administered by Royal London – the UK’s largest mutual life and pensions company, with over 150 years’ experience in helping families at difficult times.
Exclusions and limitations apply.
Over 50s Life Cover has a safety feature to help if you need to stop paying. It can happen, there are times in life when we have to tighten our belts.
With Over 50s Life Cover, if you need to stop paying, your family can still get at least half of the payout when you die, as long as you’re at least halfway through paying for your policy. That’s halfway from the start of the policy until the policy anniversary date after you turn 90. You stop paying at that policy anniversary or when you die, whichever comes first.
Your payment won’t increase
No medical for 50 to 80 year-old UK residents
A safety feature to help keep you covered
Making a claim is simple, Royal London has a dedicated UK-based claims line. Their trained staff will do everything to make sure your family’s claim goes as smoothly as possible.
You can contact Royal London claims team on
If you’re paying above the minimum payment and feeling the pinch, you can reduce the premium and cover to bring your payments down, you just have to keep paying at least £3.95 a month. Also, if you need to stop paying, your family can still get at least half of the payout when you die, as long as you’re at least halfway through paying for your policy. That’s halfway from the start of the policy until the policy anniversary date after you turn 90. You stop paying at that policy anniversary or when you die, whichever comes first. Royal London can discuss these events if required and will confirm the revised cover amount. The payout will be dependent on how far you are through the policy.
No, but you can have one each.
No, you can’t cash in your policy at any time. This policy only pays out in the event of your death.
Yes, you can cancel your policy at any time. If you cancel within 30 days of starting your cover, Royal London will refund any payments you’ve made. If you cancel after that, you won’t receive any refund.
If you feel you can no longer afford your cover, Royal London may be able to reduce your payments. If you stop making payments before you’re halfway through the payment term, your cover will end with no refund. If you have to stop paying and you are at least halfway through paying for your policy, your family will still get some money when you die. That’s halfway between when you start paying and the policy anniversary date after you’re 90.
No. It's worth considering inflation though, as prices increase over time the payout you choose today may not be enough for your family in the future. If you would like a bigger payout, you can apply to take out an extra policy for as little as £1 a month. The maximum cover you can have is £10,000 or a maximum monthly payment of £100.
You pay until the policy anniversary date after you turn 90 years of age or until you pass away, whichever comes first. Depending on how long you live for, you could pay more than the money which is paid out when you die.
(Open 8am-7pm Monday-Friday, Saturday 9am-5pm and Sunday 10am-4pm)
Over 50s Life Cover is provided and administered by The Royal London Group. The Royal London Group consists of The Royal London Mutual Insurance Society Limited and its subsidiaries. The Royal London Mutual Insurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. The firm is on the Financial Services Register, registration number 117672. Registered in England and Wales number 99064. Registered office 55 Gracechurch Street, London, EC3V 0RL.