Over 50s Plans are designed for those approaching retirement and want to ensure a financial safety net for their loved ones in case they die. As the name suggests, you can open an over 50’s account when you are above the age of 50, the fund generates more cash the easrlier you invest.

We at PensionCalculator.org have taken a look at all the Over 50s Plans available on the market, and picked our top 5 best policies for someone wanting to make sure their dependents are provided for should the worst happen.All rates shown are based on a female non-smoker aged 63 paying a premium of £14 monthly, being accepted into the plan on standard terms. Enquire on the website for each plan for the guidance price for your own specific status

Over 50s Plans are relatively straightforward, but the end payments can be influenced by inflation. To counter this, most providers will increase their premiums for every 1% increase in the RPI (Retail Price Index) by 1.5%.

Providers are constantly changing premiums and policies. We at PensionCalculator.org update our information monthly, though it is worth checking the small print and rates before you sign up.
The simplest type of policy is the fixed payment plan, where you know what sum of money will be left behind and pay fixed monthly contributions accordingly.