Direct Line Over 50 Life Insurance

Direct Line 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.

A very simple but main motto of The Direct Line over 50 life insurance is to ensure that the policyholder’s family members or loved ones receives a lump sum during the worst time with which they are enveloped. If your age lies in the range of 50-75 age groups then your application form is surely accepted and you won’t required for any medical examination. According to the policy, the monthly premium begins at £10 and ones you have accepted the terms and conditions of the policy you will be safeguard for the rest of your life as long as you continue paying the premium amount. If you withdraw yourself from the policy any time there is no guarantee of any repayment in cash.

About Direct Line Over 50 Life Insurance

A part of the Royal Bank of Scotland Groups RBS insurance division, Direct Line Insurance Company specializes in selling various financial services and insurance over the internet and telephone. Launched in the UK on 1985 by Peter Wood, Direct Line was the first telephone insurer and soon was the UK’s largest motor vehicle insurance provider. Apart from its branches in Bristol, Glasgow, Leeds, Manchester and Birmingham its main head office is located at Croydon.

Due to financial crisis, banking crisis and RBS’s counting on UK taxpayers money hence Direct Line was officially in the year 2008 in November was nationalized along with RBS. Under the name of Green Flag, Direct Line has a side business of roadside recovery services. Being the UK’s third largest vehicle breakdown and Accident Company, Green Flag’s head office is located at Pudsey which is in Leeds. It functions a 24-hour vehicle in distress call centre and in the year 2005 almost ten million calls were made to their call center.

Benefits

Here is the list of some of the benefits provided by the policy: - Guaranteed acceptance of the application form without any medical examination for critical illness. Premium begins at just 33p per day. Buying the policy, you will be awarded with a £25 high street gift vouchers. If your age lies within the age group of 50-75 your acceptance form is surely accepted.

Drawbacks

The main drawback of the policy is that once you withdraw yourself from the policy, there is no guarantee of any repayment in cash of your premium. If you are above 75 and below 50 years of age than your application form will be rejected. Also if you cause any default regarding payment of the premium the policy will not entertain such things and will stop your coverage then and there.

Review of Direct Life Over 50 Life Insurance

As per the survey done across the globe, review: - 3.5/5. You can go to review websites such as reviewcentre where you can read reviews as well as leaving your own particular experience.