The Post Office now have an over 50s life insurance policy which is now available with over-the-counter instant cover at all UK Post Office branches. You don’t even have to wait for an application to be processed beforehand.
The Life Cover plan is for UK residents aged from 50 to 80 and requires no medical checks or question. Each customers can choose their required cover amount with starting premiums from a price of £7 per month which can be a very affordable method to provide loved ones with a cash sum to assist with expensive funeral costs.
Duncan Caesar-Gordon, the Post Office head of protection, remarked that people need peace of mind in a time of such uncertainty more than ever before. He went on to say that this was why the Post Office were offering instant life insurance over the counter.
Life insurance can be purchased online from many websites thesedays so it’s a good idea to get several quotes before you make your choice and weigh up the pros and cons of each policy.