AA 50 Plus Life Insurance gives peace of mind

In recognition of the importance of life insurance for older citizens, the AA has recently launched a new, low-cost policy for persons older than 50. With an award-winning reputation of life insurance products, this is simply one more way in which the company is attempting to help older people deal with the rigours of today’s economy.

The policy is known as “AA 50 Plus Life Insurance.” Provided by Friends Provident, the policy includes a guaranteed cash sum in the event of the death of the insured person. According to an article in LifeInsurance.co.uk, this is the most affordable product on the market.

The director of AA Financial Services, Mark Huggins, said: "The beauty of the AA 50 Plus plan is its simplicity - it does just what it says it does. It's easy to start and there's no medical underwriting or complex form-filling.”

Applications are made even simpler by options such as online, post, or telephone applications.

Like all other insurance policies, the premium rate influences the payout cash sum. Any UK resident between the ages of 50 and 80 at the time of their application is guaranteed to qualify, according to the report.

Mr Huggins noted that, as a person gets older, concerns over funeral costs often drive the purchase of life insurance products. This is particularly important in the current economy, where funeral service providers are pushing prices to their limit to cope with their operation costs. The new policy can then help families to cover the costs of a dignified funeral or cremation.

However, the proceeds of the policy is not limited to any specific use. Beneficiaries can apply the funds to anything they wish.

It is little wonder that AA is an award winning company. Its attitude is one of truly helping citizens to live the remaining of their lives with greater peace of mind.

For more information visit Life Insurance for Over 50s.

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