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ASDA OVER 50
ASDA Over 50 (Life Insurance)
        
Asda has the only Over 50s life cover product in the UK that has an option to guarantee that you’ll never pay in more than you get out! No Medical required. It is a quick and easy way to get insurance cover and best of all, there no need for a medical - we guarantee to accept all UK residents aged 50 to 80. Cover from £5 a month, with the capped option starting from £14.59 a month. Free £30 Gift Card when cover starts.
Location:
Advantages:
1. Guaranteed Acceptance for all UK residents aged 50 – 80, No health or medical questions asked
2. Full cover after just 1 year - guaranteed
3. Payments from just £5
4. Comes with a capped payment option for which premiums start from £14.59 a month
5. Get back the premiums you have paid
6. Free £30 ASDA gift card when you take out a plan
7. Option to pay extra so that you’ll never pay in more than is paid out
8. Get as much as 10% extra more paid out with their Funeral Benefit option
9. You choose the level of cover you want 
Disadvantages:
1. The plan has no cash-in value. If you cancel your plan you won't get back any of your premiums and you won't receive a cash lump sum when you die
2. The payments from this plan will usually go to your estate, so they may be subject to inheritance tax
3. Your cover amount is fixed from the start of your plan, so inflation could reduce the buying power of the cash lump sum you leave behind
4. If you choose not to cap your premiums, depending on how long you live you could end up paying more than is paid out when you die
5. If you pass away within the first 12 months, the plan may only pay out the premiums you've paid in
Services:
Give your loved one financial support through ASDA Finance's Over 50's Life Cover

Life Insurance Type: Life Insurance Provider
Person Information:
You must be between 50 and 80 years old.

Policy Name: ASDA Finance Over 50
Policy Cost: £14.59
Policy Excess: Varies

Cover Type: Over 50
Cover Level: Standard
Cover Detail: Getting your quote is quick, easy and secure and your application should take no longer than 10 minutes to complete. If you choose to take out this plan you'll need your bank details, including your sort code and account number

Suitable For:
Over 50's Life Insurance
Restrictions:
You must be permanently living in the UK and are between 50 and 80 years old. The maximum cover you can apply for is £25,000.
Availability:
It's guaranteed that all UK residents aged between 50 and 80 will be accepted without a medical or a visit to your GP.
Discounts:
Once your first payment has been received, you'll be sent a FREE Asda Gift Card worth £30! If you choose the Funeral Benefit option you'll get even more for your money with a possible extra 10%! So for every £100 of your cash lump sum that you use towards funeral costs, you could receive £110 (up to a maximum of £1,000 extra) towards your funeral when a claim is made, at no extra cost to you.

Application Methods: Online, Tel
Underwriter: LV=
Pay Monthly: No
        

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