50+ Insurance

 

Life insurance over 50 years old

If you have health problems, it is much more difficult to find a suitable insurance plan that would secure the future of your loved ones and protect them from possible additional costs. Life insurance for over 50s not only solves these problems, but also provides assistance in the event of a serious illness. This form of insurance is designed for the age group between 50 and 80.

What are the benefits of 50+ Insurance?

    • Lifetime coverage
    • Support for loved ones after the deceased
    • Provision for financial liabilities, such as debts and loans
    • Additional financial benefit in case of serious illness
    • Funeral expenses coverage, also in Hungary
    • Continuation of coverage if you move to another country

Additional benefits

Flexible choice

You decide how much premium you pay, which determines how much your loved ones will receive in the event of a serious illness.

Insurance risks

If the insured dies after 2 years from the date of conclusion of the insurance, the insurer will pay the full amount. If death occurs before this date, the loved ones will receive 150% of the premiums paid. If the insured dies due to an accident before the end of the 2-year period, the amount paid will be equal to the amount of the monthly premiums paid up to that point.

Payment

In the event of your death, your loved ones will receive a one-time, lump-sum payment. Similarly, in the event of a serious illness, the insurer will pay you 20% of the policy value in a lump sum.

Easy contract conclusion

All you need to do is contact us and schedule a meeting. During the meeting, we will discuss the available plans and clarify any misunderstandings.

Constant monitoring

We are happy to assist you even after you have taken out insurance. In the event of a claim, all you have to do is contact us. We will provide you with assistance and advice on what to do and how to do it.

Exclusions and Limitations

Moratorium – although the insurer guarantees to insure us, the full insurance amount is only paid after a specified initial period.

Inflation – since the sum insured is fixed, the real value of the total amount will decrease due to inflation (unless the plan includes indexation).

Loss of coverage if premium payments stop / no cash value – if the customer stops paying premiums, they get nothing back.

Overpayment – ​​it is possible for a customer to pay more in premiums than the sum insured, depending on how long they live. If the insurance contract does not include an age limit for paying premiums, companies should make it clear to prospective customers that premiums are payable for life, regardless of how long the customer lives, and what the consequences are due in this regard due to the possibility of overpayment.