RE: Skywalker.

Over 50's plans do not require any medical underwriting hence their premiums, they generally do not pay out in the first 2 years unless death is solely by accident, and can also involve some form of exclusion for pre-existing medical conditions.

PROMANUK: Im assuming you've already looked down the route of normal life insurance and have either been declined or had hefty premiums put on top of it. First thing I would recommend is to give the companies a call that you're interested in, as far as I'm aware most companies do have a limit so I would check with them directly to be safe. (Generally either an upper cover limit or premium).

I haven't heard of anything saying that you can't have them with multiple companies though, so that sounds like a pretty good theory in order to get the cover you need, once again though, I would just check with the companies that you're looking at taking the cover with and go from there.

I'm pretty sure I've merely re-iterated a lot of things that you already knew, but hope this helps :)

Emma

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.