Over 50's Life Insurance
Cream have access to different products for different needs…
As you might expect, life insurance generally becomes more expensive the older you get as your risk of passing away increases. However some providers offer specialised cover for people aged 50 or older, so these groups can find affordable life insurance.
Over-50s life insurance policies offer guaranteed acceptance, so you’ll be able to get cover regardless of your current health or lifestyle. They also offer a guaranteed pay-out providing:
- You survive the qualification period: Over-50s policies often come with a qualification period known as a moratorium, which lasts between one and two years. If you survive this period your beneficiaries will receive the full amount, but if not the pay-out will be based on the amount you’d paid in until then
- You don’t miss any payments: So long as you keep up with your payment schedule your beneficiaries will get their pay-out. But if you miss a payment the policy will lapse – you’ll no longer be covered and you won’t get any return from your previous payments
Proceeds of these policies can be used for payment of, or towards, the cost of a funeral, following the death of the person who is insured. You could pay out more money in premiums than the policy pays out. This policy is not a savings plan and has no cash-in value. Due to inflation, any amount paid out may not buy as much in the future as it would now and may not cover the full cost of a funeral. If you stop paying premiums before age 90, the cover will end, and you won't be entitled to claim any money back.
Your Cream Financial Solutions adviser will ensure you get the product you need, with the right provider, at a price you can afford.
Get a Quote
Fill in our quote form and an adviser will contact you to arrange an appointment.
Existing Customers
If you have queries about your existing policy please get in touch.
About Cream
Learn more about Cream Financial Solutions, our mission and commitment.
PROTECTED FOR LIFE
Life insurance could be the most important financial product you ever buy.
If you die while you still have dependants, being able to claim on a life insurance policy could be the difference between your loved ones struggling to make ends meet, and their financial security.
Despite this, many of us simply don’t have any life insurance cover in place. Your Cream Financial Solutions adviser will ensure you get the product you need, with the right provider, at a price you can afford.
Refer a friend
Cream Financial Solutions operates a refer and earn scheme and we'll pay up to £150 for each successful Life insurance referral.
Estate Planning Service
Cream Financial Solutions offers an Estate Planning service which is available with every Life policy taken out.
Wills are referred to a third party. Neither Cream Financial Solutions Ltd nor PRIMIS are responsible for the service received. These services are not regulated by the Financial Conduct Authority and may have limited consumer protection.
Trust
Every Life policy taken out with Cream Financial Solutions has the option to have a trust set up when submitting an application if you wish to do so.
Cream Financial Solutions
49 Waterloo Road
Wolverhampton
WV1 4QL
Southern Office
Trinity Court
2-4 West Street, Fareham
PO16 0BH
Northern Office
Second Floor
Focus House
1 Central St
Halifax
HX1 1HU
Bespoke tailored insurance solutions built around you and your family. Quality, personal advice.
