RBS Over 50 Life Insurance

RBS 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.

RBS Over 50 Life Insurance

As part of their extensive life insurance range RBS offer a Guaranteed Life Cover Plan aimed at those over 50 who want to take out life cover. The plan pays out a lump sum payment so you can leave a gift for your grandchildren or help your family and loved ones pay unpaid bills or help pay funeral costs.

The RBS over 50s cover is available to all UK residents aged between 50 and 75 and there will be no medical questions or examinations. In fact, the insurance underwriter will not contact your GP at all.

The cover is very flexible as you can choose the amount of cover you want the policy to pay out. The lump sum payout will stay the same as it is a guaranteed payout and the premiums are also guaranteed to never increase.

About the Company

Royal Bank of Scotland is among the largest Finance and Insurance Companies in the world, and a subsidiary of the mammoth company Royal Bank of Scotland Group. After the government bailout the company is effectively public as the British taxpayer is by far the largest shareholder. The group also includes high-street names such as Ulster Bank, Halifax and Natwest Bank. The company has around 700 working branches throughout England, Wales, and Scotland. The company came into the existence in its current form during 2003 but dates back to the 17th century. The headquarters of the company is in Edinburgh, Scotland. Stephen Hester is the current CEO of the company and of the wider Group as well. They are one of the largest employers in the country with around 141,000 employees, and they employ a many thousands overseas also.

As well as life insurance they offer a wide range of products and services. Some of them are Current accounts, Credit cards, Mortgages, Loans, Savings, Investments, Money Sense, and Travel & International. They have won numerous awards till now, and it is mostly famous for its Corporate Banking services. Some of the awards are Scottish Business Insider Deals & Dealmakers Awards, 2008, Insider Deal Maker Awards, 2006, Unquote Private Equity Awards, 2005 & 2006, Financial Sector Technology Awards 2006, and many more.

History of the Company

They were founded back in 1727 with just simple banking services such as lending and borrowing. Now the company has gained a strong foothold in the multiple areas, like Finance, Corporate banking, Insurance, and many more. Now RSB Insurance has employee strength of more than 10,000 employees and includes famous names such as Churchill. Partly due to acquisitions it has soon became the largest provider of general insurance in the UK. RBS Insurance is active in many parts of the world where it shares a major chunk of the market in countries like Germany, Spain, and Italy.

Other types of Life Insurance they sell

If you are not looking for insurance package of over 50s, then you can take a look at the other different packages offered by RBS Insurance, such as Life Cover (Level Term Insurance, Decreasing Term Insurance, and Critical Illness insurance). Of these the level term cover is the most popular as it is very affordable way to protect your family financially if for some reason you are no longer around to provide for them.

Reviews of RBS Over 50 Life Insurance

There is no need to say that they have always gained positive reviews from the various insurance review bodies. Along with, people have immense faith over the brand image of the company, and they prefer this company over the other insurance companies in the market. If you have any experience of their over 50 cover please take the time to comment at reviewcentre where you can also read a small handful of current reviews. All in all though people are happy with both the cover and prices of their over 50 life insurance.