Oh, yes. They are all very keen on accepting money. That side of thinks is, as you say, often guaranteed. It's the paying out that they don't like doing.

You need to read the terms very carefully.

Thank you for your reply, however the policies I am look at are Guaranteed Acceptance with no medical question being asked or needed to be supplied.

Promanuk

Hello

I have recently been reviewing a number of Over 50's Life Insurance Plans, I have noticed that a number of plans restrict the amount of cover you are allowed to have in place with either a single or multiple policies, By way of an example Liverpool Victoria state that the total amount of cover allowed is £25,000 per insured person regardless of the number of polices in place at the time of death.

Other companies DO NOT have this clause in the policy documentation, does this mean that I could have x number of policies each giving me the maximum amount of cover, Example £50 per month for £20,000 of cover * 5 individual policies giving £100,000 worth of cover for a total of £250 per month.

I understand this is a very expensive way to get life insurance, but I have a serious medical condition and can not obtain cover under a normal term assurance policy.

Also, I have noticed that the Post Office offer a Guaranteed Over 50's Plan which is underwritten by Directline, the documentation does not state that you are limited on the number of polices with the Post Office or by dealing direct with Direct Line.

Could you please advise me if you are aware of any restrictions.

Thank you