The plan that pays you more
Welcome to the guaranteed life plan that pays out more than some other providers – for the same monthly premium.
If you are between 50 and 75 years of age, a UK resident, and have been a non-smoker for at least 12 months we guarantee to accept you. Only accepting non-smokers is one of the reasons our guaranteed life plan can pay out more.
Here's why you should choose the Guardian Direct Over 50s' Guaranteed Life Plan:
- Guaranteed fixed premium
We guarantee your premium will never go up
- Guaranteed acceptance whatever your medical history
No medical or health questions required, just confirm you're a non-smoker
- Guaranteed pay out
After 2 years we guarantee to pay out the figure we quote for your Life Plan
- You won't lose out
If you die within the first 2 years we pay back all of your premiums
Your premiums stop on your 90th birthday but the cover continues for the rest of your life
- Welcome gift!
As a thank you for taking out Guardian Direct's Over 50s' Guaranteed Life Plan we'll send you a superb welcome gift 28 days after we receive your first two monthly premiums.
Choose from three WELCOME gifts
See how we compare
The examples below show how, for a non-smoker, Guardian Direct could offer more cover compared to some other providers.
|
| Pay out
| Full amount | Premium |
|---|---|---|---|
| Guardian Direct | £3,823 | 24 months | Age 90 |
| Sun Life | £3,220 | 24 months | Death |
| LV= | £3,398 | 12 months | Age 90 |
Comparison based on a female non-smoker aged 65 paying £20 a month. Guardian Direct only offer rates to non-smokers, whereas Sun Life and
LV= accept smokers. The cover amount will vary according to your age, gender and monthly premium. This table should not be used to decide the suitability of a specific product. Providers chosen based on market share and distribution channel. Information correct at Feb 2010. Source: www.sunlifedirect.co.uk www.lv.com
Things you need to consider
- This is not a cash-in or savings plan: if you decide to stop paying your premiums you will get nothing back
- The amount of cover is fixed when the plan starts and will not change; you should take the rising cost of living into account. The final pay out will buy less in future than it could today
- Depending on how long you live, the cash sum paid out could be less than the total amount you pay in premiums.
- If you die during the first 2 years of your plan the cash lump sum will not be paid, but we will pay back your premiums
- Payment normally goes to your estate, therefore, depending on your individual circumstances, Inheritance Tax could be payable