information

We use cookies to give you the best possible experience online. By continuing to use our website, you agree to receiving our cookies on your web browser. Visit our cookie policy page to find out more and how to change your cookie settings.

skip to main content

Need help covering the cost of your funeral?

The average cost of a basic funeral in the UK in May 2016 was £4,229*.

LV= Over 50s Life Cover that helps you cover funeral expenses

The LV= 50 Plus plan is for people 50-80 years old living in the UK and will help with covering your funeral expenses.

With our over 50 life insurance plan you can put the lump sum from your cover towards paying for your funeral, and if you choose Funeral Benefit Option when you apply, you'll get an extra £300 and your money will go a little bit further in helping to cover your funeral.

  • Help cover funeral expenses with the LV= 50 Plus Plan.
  • Guaranteed full cover after just one year.
  • Cover starts from £7 a month (depending on your age).

* LV= cost of a funeral research – Breaking Blue Research, May 2016 (based upon a sample of 100 UK Funeral Directors).

Moneywise Customer Service Awards 2016

Why you might want to take out LV= Over 50s Life Insurance

Cover features

  • You can apply for this life insurance plan if you're permanently living in the UK and are aged between 50 and 80.
  • Guaranteed cash lump sum for your loved ones when your policy pays out.
  • Life cover that pays out a lump sum on death to help towards things like funeral costs.
  • Cover starts from £7 a month (depending on age).
  • £1,000 minimum amount of cover.
  • Guaranteed full cover after one year.
  • Claims paid within 48 hours (on average from receiving death certificate).
  • No medical or health questions.
  • Choose your free gift when you apply.
  • Get an additional £300 towards funeral costs with our Funeral Benefit Option. Please read our brochure for more information.
  • Your cover will never go down no matter what happens to your health.

Important information

  • Maximum of £25,000 of cover available.
  • If you die during the first year of the plan we may only pay the premiums you've paid into your plan.
  • Depending on how long you live, you may pay more in total than we pay out when you die.
  • Premiums payable for life or until your 91st birthday.
  • This is not a savings plan and it has no cash-in value at any time. If you stop paying you won't get anything back.
  • Your amount of cover is fixed, so it won't keep up with inflation and will buy less in the future.
  • Payment normally goes to your estate. Inheritance tax could apply to the part that's worth over £325,000 (tax years 2017/18 to 2020/21).
  • If you have already taken out the Funeral Benefit Option on a previous plan, you may not be able to take out this option on further plans.

Getting a 50 Plus plan quote is quick and easy


An older married couple stand together whether their grandkids, dog, and the LV= legal team stand in the background

Every day we surround ourselves with things which make us feel comfortable. With the 50 Plus plan from LV= you’ve got the UK’s most trusted insurer* by your side, giving you peace of mind.

* LV= were voted Most Trusted Life Insurer by the Moneywise Customer Service Awards 2016.


How to get insured with the 50 Plus plan

All we ask is that you’re a UK resident, aged 50 to 80.

  • Read the product information to help you understand the plan benefits.
  • Get an online quote.
  • Apply online or speak to a member of our friendly staff on 0800 197 0517 quoting offer code IELO.

The information given in these pages should not be seen as advice to take out the plan so if you're happy the cover meets your needs you can complete our online application.


You can phone us

Call our friendly UK-based team for more information or a quote:

0800 197 0517 Quoting offer code IELO
Textphone: 18001 0800 197 0517
We may record and / or monitor calls for training and audit purposes.

**Amazon T&C's

*Amazon.co.uk is not a sponsor of this Promotion. For complete gift certificate terms and conditions, see www.amazon.co.uk/gc-legal. All Amazon ®, ™ & © are IP of Amazon.com, Inc. or its affiliates.