A new over 50s single life cover plan is available from Sainsburys Finance, with premiums starting from as little as £8 a month.
Anyone between the ages of 50 and 74 can take out the plan and a medical is not required. The premiums will remain level for the life of the plan and will stop at the policyholder's 90th birthday, but the cover will continue. A person is allowed to opt for the amount of cover they would like based on a rate table, or they can choose from a number of set premiums to suit their gender and age.
Lucy Hunter, Sainsbury's Life Insurance Manager, said: "These policies can make a lot of sense if you want to leave a tax-free sum to your partner and loved ones when you die. Also, with no medical required and applications accepted online or on the phone, our over 50's single life cover plan is easy to apply for."




