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Asda Over 50s Life Cover pays out a cash lump sum to help out those special to you when you’re no longer around. If you’re a UK resident between 50 and 80, you’ll be accepted – guaranteed. And if guarantees are important to you, this over 50 life cover comes with lots more.
Find out moreThe information on this website doesn’t give you advice, it’s up to you to decide if Asda Over 50s Life Cover is right for you. If you’re unsure, please contact a financial adviser.
Read the Policy documentsIt’s surprising how expensive funerals are today. And they’re only going to get more expensive in years to come. But you can do something about it now.
Choose the Funeral Benefit option and you’ll get up to an extra 10% towards your funeral at no extra cost. That’s because your plan is ‘charged’ to Dignity, the UK’s number 1 funeral specialists. It means your cash lump sum is paid directly to them to be used towards funeral costs.
They’re experts in their field, so you and your family will have the peace of mind that everything is carried out to your exact wishes as well as getting that bit extra towards meeting those funeral costs.
Find out more| ASDA | Tesco | Sun Life Direct | |
| Capped payment option | ✔ | X | X |
| No medical | ✔ | ✔ | ✔ |
| Guaranteed acceptance | ✔ | ✔ | ✔ |
| Guaranteed full payout | After 1 year | After 1 year | After 2 years |
Capped payments mean you stop paying premiums once the total you've paid equals your chosen amount of cover. This means you'll never pay more in premiums than is paid out when you die.
Information source directly from product providers Policy Summaries and websites, February 2013. With Asda Over 50s Life Cover, if you die in the first year we may only return the premiums you’ve paid. With Tesco if you die within the first year you may only receive an amount equal to the premiums you’ve paid, and with Sun Life Direct, if you die in the first 2 years, they may only refund 1½ times the premium paid.
Get a quoteFind out more information about Over 50s Life insurance
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