Over 50's life insurance
Guaranteed acceptance (if you are aged 50-75 and a UK resident). And with no medical required it's easy to organise.
Tesco Life Insurance Over 50's Plan is a simple and easy way to plan for the future. It allows you to leave a cash lump sum for your loved ones. The cash lump sum is paid upon your death after the first 2 years of the policy or upon accidental death during the first 2 years. You're covered for life, as long as you continue to pay your premiums until you are 90. If you live beyond 90 years of age, you don’t have to pay any more premiums, but we'll still payout.
Read the Free Tesco £20 Gift Card offer terms and conditions
How do I apply?
It's simple and easy to apply for Tesco Over 50s Life Insurance. Your sum assured depends on your age, gender and how much you want to pay each month.
Either apply online or call 0845 309 4403 today!
Lines open 9am-5.30pm Monday to Friday. Calls may be recorded. Max call charge from a BT landline is 4p per minute, calls from other networks may vary.
We can be contacted by Typetalk 18001 0845 309 44 03
Tesco Over 50's Life Insurance
- Guaranteed acceptance if you are aged 50-75 and a UK resident
- Leave your loved ones a guaranteed cash lump sum, guaranteed when you die (once you have paid into the policy for 2 years or upon accidental death during the first 2 years).
- Premiums start from just £10 per month
- There's a FREE £20 Tesco Gift Card when you purchase a plan
- Your premium will never go up and your cover will never go down - regardless of the state of your health
- No medical required
- No complicated forms to fill in
View the terms and conditions...
What level of cover do I want?
Here are two examples of the life cover you could get (after 2 years) if you paid £10 or £20 a month. Other amounts are available – you can choose how much you would like to pay each month: £10, £15, £20, £25 or £30.
| Age | £10 month | £20 month | ||
|---|---|---|---|---|
| Male | Female | Male | Female | |
| 50 | £3,171 | £3,980 | £6,902 | £8,661 |
| 55 | £2,413 | £3,060 | £5,252 | £6,660 |
| 60 | £1,806 | £2,274 | £3,931 | £4,950 |
| 65 | £1,351 | £1,700 | £2,939 | £3,700 |
- Please be aware that depending on how long you live, the total amount of premiums you pay may be greater than the cash sum paid in the event of your death
- It is wise to review your cover from time to time as inflation may affect what your guaranteed cash lump sum will be worth in the future.
- It is your responsibility to ensure that the plan meets your needs. If you are unsure that the plan is right for you, you should contact an Independent Financial Adviser.
- The policy has no cash-in value; if you cancel your policy or stop paying premiums, you won't get any premiums back and will no longer be covered.
