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What is guaranteed life insurance?
Guaranteed life insurance is a type of life insurance designed for over 50s. Like other life insurance policies, it provides a lump sum payment to the person of your choice when you die.
It is also referred to as ‘over 50s’ or ‘no medical life’ insurance because it’s primarily aimed at over 50s and doesn’t require a medical unlike other forms of life insurance – making it an accessible option to those who would otherwise find it hard to get life insurance.