The Guaranteed Over 50 Plan
The Sun Life Direct Guaranteed Over 50 Plan is a whole of life insurance plan offering affordable peace of mind to those aged 50-85. For a fixed monthly premium you can leave a cash sum for your loved ones. This could help towards funeral expenses, outstanding household bills or simply act as a nest egg for children or grandchildren.
Why not read on to find out more information about the Guaranteed Over 50 Plan to see if it's right for you. Please make sure that you read all the information on this site especially the Terms and Conditions including the Policy Summary page, which explains the benefits and risks of the Plan.
Then, if you decide the plan is right for you simply click to get your own personal quotation and apply online.
Provided by AXA Wealth Ltd, trading as Sun Life Direct, affordable peace of mind is just a few simple steps away. If you have any further questions please call us on 0800 904 7623
Why choose the Guaranteed Over 50 Plan?A guaranteed fixed cash sum and no medical or health questions
- Provided you're aged 50 – 85 and a UK resident, you're guaranteed to be accepted.
- The Plan will pay out the fixed cash sum on your death once you've been paying into it for two years.
- If you die in the first 2 years, the Plan will pay back all the premiums paid, plus half as much again.
- Because the cash sum is fixed, inflation will reduce its value over time.
- If you were to die in an accident during the first two years of your Plan, or within three months of an accident as a result of your injuries, we'd pay out the full cash sum. Please see the Terms and Conditions including the Policy Summary for further details.
- Premiums range from £5 to £74 a month, subject to the fixed cash sum being no more than £25,000.
- The premium you choose will never go up, and your cover will never go down – no matter what happens to your health.
- You simply need to keep paying in every month throughout your life, as if you stop paying, your cover will end and you won't get anything back.
- Depending on how long you live, the cash sum paid out could be less than the total amount paid in premiums.
- The first month's premium is free.
- You can choose a gift to welcome you into the Plan.
Is this the right plan for you?
This website contains information on how the Guaranteed Over 50 Plan works. As this website does not contain advice, you need to be satisfied this type of policy meets your needs. There may be other products available which may be better suited to your circumstances. If you need advice, please contact Phoenix Customer Care on 0845 938 0515 and they will be able to provide details of where to find independent financial advice. Lines are open Monday to Friday: 8.30am - 5.30 pm. Alternatively, if you have questions about the plan, you can call Sun Life Direct on 0800 904 7623.Get started