Royal London Over 50 Life Cover is interesting way to invest your pension savings and make the most of your retirement. As you age, life cover gets more difficult to purchase and many people don’t get appropriate cover for their needs. Royal London Over 50 Life Cover provides a viable and easy to understand solution for people over 50, with a range of benefits.
The most notable benefit of Royal London Over 50 Life Cover is that it provides a lump sum payment when you pass away. This money could be used to provide for your family, or it could be used to cover outstanding liabilities, such as a mortgage or loan. The lump sum payment is untouched by inheritance tax and, as long as the life policy is kept in force, you can have the peace of mind that your loved one would be taken care of in the event of your untimely death.
Royal London Over 50 Life Cover also provides protection for your family should you suffer from a range of serious health conditions during your retirement. The life cover provides protection from 17 serious health conditions, including terminal illness, cancer, heart attack and stroke. This helps to ensure that your family have the financial resources they need should the worst happen.
Royal London Over 50 Life Cover also helps you get more from your pension savings. As you age, pension investments tend to become less attractive and do not provide the same returns as their younger counterparts. However, the life cover provides a guaranteed return of your original investment, giving you a better return on your pension savings.
The cost for Royal London Over 50 Life Cover is also very competitive, making it an attractive option for many. Premiums start from as little as £7 per month and the amount of cover per £100 invested can also be adjusted to match your needs. If you are looking to ensure your retirement savings are adequately protected, then Royal London Over 50 Life Cover could be perfect for you.
Overall, Royal London Over 50 Life Cover is a great way to invest your pension savings and provide the peace of mind that you and your family need in your later years. With a range of benefits, competitive premiums and the chance to get more from your pension savings, it makes perfect sense to consider Royal London Over 50 Life Cover for your retirement needs.