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Life Insurance

What is the Tesco Bank Over 50s Plan?

It’s a life insurance plan that pays out a cash sum when you die.  


The plan will pay out the full sum assured if you die after the plan has been in force for 12 months.

If you die within the first 12 months of the plan, the amount paid is equal to the premiums that have been paid. If you die as a result of an accident in the first 12 months, the full sum assured is paid.

If you were to die as a result of an accident after the first 12 months, the amount paid is double the sum assured amount.

Cover is available to UK residents aged between 50 and 80.

See here for more information about Tesco Bank over 50s.

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4 of 4
Last update:
‎10-08-2016 10:57 AM
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