Over 50 Life Insurance

Our 50 Plus plan pays a lump sum when you’re no longer around

Guaranteed acceptance - no medical or health questions

Affordable life cover - starts from just £5 a month

9 out of 10 customers would recommend us

50 Plus Funeral Benefit option

The funeral benefit option is where you choose to have the lump sum of your 50 plus plan paid automatically toward the cost of your funeral.

Why choose the funeral benefit option?

Money is set aside to pay towards the cost of your funeral.
Your family will get advice and guidance on all aspects of the funeral.
Get up to 10% on top of your amount of 50 Plus cover.
Provided by Dignity, one of the UK's leading funeral services providers .

Find out more about how the funeral benefit works

Get an extra 10% when you choose our 50 Plus plan Funeral Benefit option

By selecting the funeral benefit option in your 50 Plus application, you can help your family even more by getting up to an extra 10% on top of your amount of cover. So for every £1,000 of your amount of cover that is used towards funeral costs, you could get an extra £100 (up to a maximum of £1,000).

Rising funeral costs

The average cost of a basic funeral in 2012 in the UK was £3,122* and this is estimated to increase to £4,865 by 2020*.

However, this doesn't include personal touches like:

church service
flowers
funeral car for your family
newspaper notices
catering

Our research on funerals shows that this could push up the average cost of a funeral in 2014 to as much as £3,489 not including any extras. These extras pushed the cost of a funeral in 2012 up to £3,809**.

Cost of a funeral graph to show in 2014 on average the cost would be £3,486

Sources (click to expand)

* LV= cost of a funeral research – Consensus Agency. January 2012.

(based upon a sample of UK Funeral Directors).

** Based on a projection in the current rise of funeral costs over the past 10 years. Please be aware that this is only a projection based on the LV= cost of a funeral research - Consensus Agency, January 2012 (therefore this figure could increase or decrease based on market conditions).

Dignity - one of the UK's leading provider of funeral services

We work with a company called Dignity, they're one of the UK's largest funeral service providers with a network of over 600 funeral directors. Every year, they arrange one in eight of the funerals that take place in the UK.

It's important to make allowances for the increase in the cost of living. Your 50 Plus plan cover is fixed so the lump sum you select now may not be worth as much in the future