This is the ultimate review to guide you through the ins and outs of Royal London over 50 insurance. You might already know that Royal London has several different contract options.
Some are great. Some are less useful. Some are simply too expensive.
So, if you want to get better value for money from your Royal London over 50 plan, as well as indicative quotes and tips to lower your insurance premium, then you’ll probably love the following article.
Let’s dive right in!
Table of Contents
Is Royal London over 50 plan the best life insurance?
When taking out life insurance, there are so many things to think about. Life insurance is one of the most important insurance plans to have, as it is the best way to protect your loved ones if something happens to you.
Royal London life insurance has a lot to offer. Here are the main points that you should look at before taking out life insurance with Royal London.
4 Safe overall rating for Royal London life insurance
|Rating Criteria||Safe Rating||Our Review|
|Customer service satisfaction, claims and support|
They have a 4.0/5 rating on TrustPilot
Royal London offers Over 50 cover
|Value for money|
The over 50’s insurance can be gotten for as low as £3.95 per month
Royal London is the UK’s largest mutual life and pensions company offering a range of life insurance policies.
|Apps and technologies|
Quotes can be gotten online
Expert and customer satisfaction reviews for Royal London
|Review organisation||Consumer satisfaction rates for Royal London over 50 Life insurance Plan|
Royal London insurance in a nutshell
In summary, here are the main features you need to know when taking out life insurance with Royal London.
|Criteria||Royal London details|
|Minimum age||50 years|
|Maximum age||80 years|
Average of £10,000.
How does Royal London over 50s life insurance work?
Royal London over 50 life insurance is a whole-of-life insurance policy. The idea is to pay your life insurance with monthly installments. The day you pass away, it pays out a lump sum to pay different expenses, such as your funeral. You can also leave a sum of money to your loved ones.
What cover Royal London over 50s life insurance?
Your loved ones will receive a cash sum that can help towards:
- Funeral expenses
- A gift to loved-ones
- Unpaid bills, mortgages
Here are the main features proposed by Royal London over 50 insurance:
|Features proposed by Royal London over 50 plan||Definition||Details|
|Fully insured||Number of years paid to be fully insured|
Full cover is provided after one year.
|Funeral Expense||This is a free service. It means that the money will go directly to a funeral director and will serve to pay for the funeral.||£300|
|Accidental Benefit||If an accident happens within the first year or second year (if it is two years before you get totally covered), your relatives will receive the cash sum.||Immediate insurance for accidental death is given in the event that the policyholder dies as a result of an accident in the first policy year.|
|Free cover||The cover is getting free at a certain age depending on insurance companies.||90 years|
|Royal London life insurance with free gift||Insurance companies usually propose free welcome gifts when taking out over 50 life insurance.|
How much is Royal London insurance?
How much you will pay for Royal London life insurance for over 50 depends on a lot of factors:
- Your age
- How much cover your want
- Some insurers will ask if you are a smoker or not.
Here is a table that recapitulates over 50 Royal London plan.
|Flexible payment||Monthly payments can be reduced by bringing down the payout amount.|
How to contact Royal London life insurance?
Here are all the important phone numbers for contacting Royal London life insurance:
|Service||Phone Numbers||Opening Hours|
|Get a quote at Royal London||0800 032 7781|
Mon to Fri: 8am–7pm
|How to claim at Royal London||0345 266 5400|
Mon to Fri: 8am–7pm
|How to cancel at Royal London|
0345 600 7788
Mon to Fri: 8am–7pm
What are Royal London general contact details?
You will find in this table all the general contacts that you would need if you want to reach Royal London life insurance:
Royal London Insurance
Twitter, LinkedIn, YouTube
How to claim at Royal London life insurance?
You will find on this table the different possibilities for reporting a claim on your Royal London life insurance:
|How to claim on your life insurance at Royal London?|
|When to claim?|
As soon as possible
|Claim by mail|
|Claim by email||Not available|
|Claim by phone|
0345 266 5400
How to cancel my Royal London life insurance?
You will find on this table the different ways to cancel your Royal London life insurance:
|How to cancel your life insurance at Royal London|
|Cancel by mail|
|Cancel by email|
over [email protected]
|Cancel online||Not available|
|Cancel by phone|
0345 600 7788
How do I get Royal London life insurance quotes?
Here are the different ways to get a life insurance quote at Royal London:
|How to get a life insurance quote at Royal London|
On the Home Page, Click on the "Get a free quote" option
0800 032 7781
How do I log into Royal London life insurance?
There is no Login option for life insurance however, there is a Pension Plan Login option on the Home page.
Do we recommend Royal London life insurance?
Royal London is one of the largest life insurance and pensions companies in the UK. It was founded in 1861 and has been in operation for more than 150 years. The Royal London Mutual Insurance Society Ltd is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority and this makes them able to pay out claims easily. Royal London offers cover for policyholders over 50 and also whole of life cover. Extras like the Funeral Benefit option which is worth £300 are provided, the maximum benefit amount is £10,000 which is an average amount for an over 50 insurance. Immediate cover is provided after a year, accidental benefit cover is provided. They also have a poor rating of 2 stars on Defaqto and a 4 star rating on TrustPilot. Their services are recommended as they are reliable and have a strong financial capability to pay out insurance claims.