Our straightforward Payable on Death Plan has considerable benefits compared to Over 50 life Insurance

Over 50 life insurance premiums are paid monthly for life or at least until 90 years old. The longer you live the more monthly payments you would have to pay but the payout stays the same. In real terms the value reduces as inflation rises. They have no cash in value, so if you stop paying you get nothing back.
Compare SunLife Bequest Direct
Inflation linked payout
Never pay more than paid out
You can cash your plan in
Paid out direct to recipient

It is this straightforward

  • Select the plan amount
  • Pay by a single payment or by a number of equal monthly instalments
  • The plan earns inflation-linked interest
  • On death the inflation-linked cash sum is paid out before probate, direct to the recipient you have nominated

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Switch your Over 50 plan to Bequest Direct - and get a better deal

For a limited time you can switch from your current Over 50 Insurance Plan provider to our Inflation-linked cash plan for FREE. It takes just 10 minutes over the telephone with our friendly UK customer services team.

Cost and payout comparison - SunLife v Bequest Direct

Tim is £4,000 better off

Tim, 62 from Hull

If Tim takes out a plan at 62 and lives to the UK Office for National Statistics official life expectancy age for a 65 year old man compare what he would pay in and what would be paid out with;
  • SunLife £4,640 Over 50 Life Insurance policy.
  • Bequest Direct £4,500 cash plan.

Illustration assumes a yearly inflation rate of 2.4%.

SunLife

Payment term & amount

£27.00 a month for life

Total paid in

£7,614

Total paid out

£4,640

Bequest Direct

Payment term and amount

£26.78 a month for 14 years

Total paid in

£4,500

Total paid out

£5,526

Sally is £1,450 better off

Sally, 70 from Leeds

If Sally takes out a plan at 70 and lives to the UK Office for National Statistics official life expectancy age for a 70 year old woman compare what she would pay in and what would be paid out with;
  • SunLife £2,023 Over 50 Life Insurance policy.
  • Bequest Direct £2,000 cash plan.

Illustration assumes a yearly inflation rate of 2.4%.

SunLife

Payment term & amount

£15.00 a month for life

Total paid in

£3,195

Total paid out

£2,023

Bequest Direct

Payment term and amount

£13.88 a month for 12 years

Total paid in

£2,000

Total paid out

£2,278

Jane is £2,041 better off

Jane, 62 from London

If Jane takes out a plan at 62 and lives to the UK Office for National Statistics official life expectancy age for a 62 year old woman compare what she would pay in and what would be paid out with;
  • SunLife £3,008 Over 50 Life Insurance policy.
  • Bequest Direct £3,000 cash plan.

Illustration assumes a yearly inflation rate of 2.4%.

SunLife

Payment term & amount

£15.00 a month for life

Total paid in

£4,635

Total paid out

£3,008

Bequest Direct

Payment term and amount

£13.88 a month for 12 years

Total paid in

£3,000

Total paid out

£3,414

A straightforward plan with fast payout, so your loved ones don’t have to worry

Pay money in and on death, it pays an inflation linked cash sum direct to the recipient you have named. The cash sum is paid out within 24 hours of a payout request, before probate as it is outside your estate, so it is there when it’s needed.

Unique benefits of our plan

  • Pay money in and on death the plan pays out a cash sum direct to the recipient you have named.
  • You never pay in more than is paid out.
  • The plan is paid out within 24 hours of a payout request, before probate as it is outside your estate, so it is there when it’s needed.
  • The plan locks in today’s prices as it is inflation-linked.
  • The recipient does not have any rights to the cash sum until your death.
  • You can change the recipient at anytime.
  • You can cash-in your plan at anytime.