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Foresters 50+ Life Cover
By Foresters Friendly Society
Give your loved ones financial support through Foresters Friendly Society over 50s life insurance policy which provides a guaranteed cash lump sum paid out after your death.
This product is issued by Foresters Friendly Society
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Reviews
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Reviewed on 06 May 2011 by Susanna Giuliani
Good Points:
Straightforward, easy to understand peace of mind that you will leave a guaranteed cash lump sum on death, fixed premiums.
Bad Points:
None at all
I think this is a great product. It is flexible and give you peace of mind. The best part is that the premiums are fixed so will never increase and you have control as you can name a person to receive £5,000 straight away when you die without having to wait for probate. You do not have to take a medical or answer any medical questions. The information is clear and easy to understand and you know you will leave a guaranteed cash lump sum. Premiums continue I think until you are 90 but then stop although the life cover continues. I would recommend it as an affordable easy plan.
Overall Rating (2/5):
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Reviewed on 05 May 2011 by chandrika
Good Points:
everything is good
Bad Points:
nothing
It's very good because after 50 it's difficult to get income and if we plan in advance it's very good thing. i will definatley suggese everybody for this type of cover which covers most of the thing and benifites that you want to cover for your future .it's always good thing to is plan in advance and secure your future. I already planning for this type of cover which can help me in future and can secure my future so every one who want to secure take this type of cover and make future better in advance.so it's really good for us .
Overall Rating (5/5):
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Reviewed on 05 May 2011 by Joyce Butler
Good Points:
No medical or health questions
Bad Points:
Depending on how long you live total paid in maybe greater than that paid out
Good plan for those that want a low cost premiums to pay into a plan which could provide a a lump sum for funeral expenses. There is also a chance of bonuses added to boost the amount. The sum you end up with depends on the amount of premiums you pay in and the bonus which are added. The amount payable at death, however, will form part of your Estate. No medical or health questions are necessary for this plan and there is quaranteed acceptance, however no amount is payable until after two years of payments. The only draw back is the total paid in may be greater than that which is paid out depending on how long you live.
Overall Rating (5/5):
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Reviewed on 05 May 2011 by C Gabriela Mitrofan
Good Points:
specially created for seniors easy to use user friendly helpful staff can be understood even by senios
Bad Points:
the fact that it wasn't created faster - I was in great need of something like this
I have set up an 50 Plus Life cover for my mum. I was actually in two minds about doing this. One of my friends that did the same for her parents recommended me this scheme. It is very easy to understand the process, and this is what I was looking for - something easy to set up and easy to understand. The staff is very helpful and willing to answer any of your questions. So far I was very satisfied with this scheme and my mum is happy that she has a life cover. it is vital to have one especiialy when you are the main income earner
Overall Rating (5/5):
Website:
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Reviewed on 05 May 2011 by ruth mcmullen
Good Points:
there was a good freebie when you joined the plan
Bad Points:
found it hard to keep up with the monthly instalments
the plan its self is a brilliant idea and its good to know that my family had a nest egg if any thing happened to me heaven for bid !!!! i did find it hard to keep up the payments on a monthly basis but the pay out after a certain amount of time seemed like a good idea as it would give me the opertunity to treat my family to a bit of a break away together some where. the staff where usually very helpful with the advice they gave and they where very quick about setting up the plan for me and my partner.
Overall Rating (4/5):
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