PruProtect joins up with Saga to launch over-50s life insurance product
Wed, 14 Jul 2010
PruProtect has created an over-50s life insurance product for specialist provider Saga .

Saga guaranteed life insurance provides guaranteed acceptance for the over 50 age group and does not require health questions or medical examinations. Cover and premiums are fixed for life and the sum assured is fixed from the outset. Also, policies may only be cancelled by the policyholder.

Further, it includes full payout after one year, serious illness and bereavement care for family and a funeral benefit option. Enhanced cover is available for those who pass the Saga Challenge, which means applicants who answer no to four additional underwriting questions will automatically receive an additional 15 per cent cover at no extra cost, as well as full cover from day one.

Justin Taurog, director of marketing and distribution for PruProtect, said: "In times of financial uncertainty people need peace of mind more than ever. Thinking about the future and how a family will cope should the unexpected happen is an extra worry, but a simple plan can ease the worries of those concerned about passing on funeral costs and debts ."
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