Friends Provident Over 50 Life Insurance

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Friends Provident Over 50 Life Insurance. Fact! If you don't compare over 50 plans you will not get the lowest price. Compare quotes and save £1000s.

Those who are more than 50 choose Friends Provident life insurance and get in return money for better value. In fact the policy provides to all its policyholder a guarantee that buying this policy will lead them larger savings than any other life insurance policies available.

Friends provident over 50 life insurance insures to its entire member an instant savings on their deposit by rebating commission.

This policy installed by Friends Provident offers its customer to leave a lump sum for their family members or loved ones once they leave the earth crust due to any circumstance forever. The policy is accompanied by guaranteed acceptance. According to its rules and regulation, the policy pays the entire required amount as per the demise of the policyholder if the policy has been in action for two years or more. You’re shielded for life with this policy if you are paying your premiums till you are 90. After 90 you don’t have to pay your premiums but the policy pays you in return.

About Friends provident Over 50 Life Insurance

One of the leading financial services group, Friends Provident was founded way back in 1832 remains committed to achieve high standards of accountability and corporate behavior. The main motto behind establishing this empire was to eliminate the hardship of Quaker families living under debts. In UK, this financial group provides variety of pensions, investment products and protection mainly for corporate clients and individual customers. The groups controls over Asia, the Middle East and Europe.

Advantage

Here are some benefits provided by the policy:

For UK citizens 50 and above, the policy gives guaranteed acceptance. Apart from it, No health and No medical regarding question would be required as before they would come up with their query, it had been solved. Premiums paid by the customers will definitely not rise its guaranteed. If your demise is the result of an accident then within first two years, your required cash will be paid.

Drawbacks

The amount coverage provided by the policy will not alter once your plan starts i.e. the problem of inflation can’t be resolved and in future you will face problem. The cover should be renewed regularly to insure offset in any rise of the living cost. As mentioned above, after 90 you don’t have to pay your premiums the policy will pay in return but that means till your not 90 you are required to pay the premiums with no exception otherwise you won’t be awarded with anything. If your demise takes place within 12 months, the lump sum provided will equal to what you have paid earlier, nothing extra.

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