Picture a scene in your head where there was an opportunity for you to get life insurance to relieve your loved ones of the stress of shouldering funeral responsibilities. Now, imagine that you didn’t. Also, imagine that you got one with British Seniors Life Insurance. Oh! the joy they would feel knowing you had their interests at heart.
You may ask; What is British Seniors Life Insurance about, and what makes it any different from every other insurance company you’ve known?
Get yourself together and delve right into what this article offers.
About British Seniors Life Insurance
British Senior’s life insurance exist solely because it seeks to assist you with protecting your family from the costs of organizing a funeral and outstanding liabilities.
If you’re resident in the UK and are between the ages of 50 to 80, then, you are within the age bracket this organization accepts.
You can either get your coverage online or over the phone, and there will be no need to answer any health-related questions or even undergo a medical test.
British seniors’ life insurance takes glory in rendering jaw-breaking personal service that one can tweak.
When it’s time, you’d be surprised at how much you’re able to provide financial security to your loved ones for a few pounds a month.
Your guaranteed lump sum payment might aid with funeral expenses, pay off any outstanding debts, or simply be left as a cash gift.
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Why British Seniors Life Insurance?
While it is a herculean task to choose what is right for you, nothing beats the thought of choosing the ideal life insurance for your family. It provides them with some sort of financial freedom.
Therefore, with British Seniors life insurance, you can make a smarter choice and have a better option for your loved ones.
So, it is safe to say that you’re in excellent hands.
How does it Work?
In the United Kingdom, British Seniors has a team of specialists who are ever willing to walk you through each one of their options. Below is how the various plans work.
Over 50 Life Insurance
This coverage plan which is also known as the ‘whole life policy’ covers you for as long as you live.
It pays out a lump payment on the day of your demise to cover several expenses arising from your funeral. It is also, a simple way to help your loved ones cater for medical bills and other debts.
This plan is mainly for UK residents between the ages of 50 to 80.
Plans for Funeral Insurance
The funeral insurance plan at British Seniors may just be the ideal thing for you if you have worries over the escalating price of a funeral and intend to put a plan in place for your family so it doesn’t overwhelm them.
With three levels of protection to choose from, there are plenty of options to assist your loved ones to get the send-off you desire without putting a strain on them financially.
Senior Term Life Insurance
Depending on your age, you can leave your family a nest egg of up to £100,000 to help them live the way you want them to when you’re gone.
To assess your eligibility, you will need to answer a few health and lifestyle questions.
This coverage will last for 20 years, or until your 89th birthday, whichever comes first (whichever is sooner).
How Much Do British Seniors’ Life Insurance Cost?
The cost of senior life insurance in the United Kingdom for people over 50 is determined by several factors:
- Your age
- The level of protection you require
Some insurers will go as far as asking you to smoke or not. Hence, the amount of premium you pay depends on the benefit amount you choose, the age and smoking status of the life covered, whether you have a single or joint plan, and whether you have chosen the Increasing Benefit Option.
Premiums are paid on a monthly basis and, it will specify the amount of premium you must pay in your policy schedule, which you will receive after it accepts you for coverage.
Unless you choose the Increasing Benefit Option, in which case your premium will increase each year, your premium will remain constant for the term of your insurance.
Premiums for each life covered are only due until the policy anniversary, which occurs on or after the age of 95.
You can also carry out some research to compare quotes and find a price that goes with your needs.
How do I File a Claim with British Seniors Life Insurance?
As soon as the death occurs, one can make claims either by contacting the insurance company by phone, post, or email.
Once the claim is received, a claim will be sent out to be completed, signed and returned. Then, the person who is legally entitled to the benefits gets that to begin whatever plan there is.
Below are the various ways one can make claims;
- Phone: You can reach out on 08005427618 every weekday from 9:00 am to 7:00 pm
- Post: British Seniors Insurance Agency, PO Box 6063, Windsor, SL4 9GL
- Email: claims@britishseniors.co.uk
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Can I Cancel my British Senior Life Insurance?
You can cancel your insurance policy. If you want to cancel your insurance during the first 30 days, all you have to do is call the customer service team.
Any premiums you have paid will be returned. However, if you cancel after the 30-day period, you will not receive any compensation because the insurance has no financial value.
Can I get the Phone Number for British Seniors?
Of course, you can contact the company either by walking into their office located at Landmark Place, High St, Slough SL1 1JL.
It is expedient to remember that the office opens at 9:00 am and closes by 8:00 pm.
Depending on what your issue is; you can call the following phone numbers.
- Quotes: 08008030052
- Claim: 08005427616
- Policy Cancellation: 08005427618
- Customer Care Line: 03333232165
Are British Seniors’ Life Insurance Worth It?
There are numerous factors to consider when purchasing life insurance. One of the most crucial insurance plans to have is life insurance, as it is the best way to safeguard your loved ones in the event of your death.
Senior life insurance in the United Kingdom has a lot to offer. Here are the important considerations you should make when purchasing life insurance from British Senior.
- Customer service satisfaction
- Coverage options
- Value for money
- Financial strength
- Apps and technologies
You would be guessing right if you say it ticks the boxes above. So, I’d ask; what’s keeping you from protecting the sanity of your loved ones?
What We Think?
As much as we have outlined the important facts you should know about British Seniors’ life insurance, it is expedient to also carry out due research on your own and compare quotes.
Wondering what this will do for you? It helps you find an ideal coverage plan that wouldn’t stress you financially.
Sources
- https://hello-safe.co.uk/life-insurance/companies/british-senior
- https://www.britishseniors.co.uk/
- https://www.insurancehero.org.uk/reviews/british-seniors-life-insurance-over-50.html
- https://www.fairerfinance.com/ratings/brands/british-seniors
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