PruProtect has teamed up with Saga to launch a new life policy with guaranteed acceptance, with no health questions, and fixed cover and premiums for life.
In addition, on reaching 90 there will be no further premiums to pay, while cover continues.
The policy is capable of paying out after being in force for one year, and includes serious illness and bereavement care for the family from Red Arc.
There is also a funeral benefit option - Opt to use the policy to pay for a funeral and The Co-Operative Funeralcare will make a further £250 contribution towards the costs.
Enhanced Cover is available at no extra cost to applicants who answer ‘No' to four additional underwriting questions. They automatically receive an additional 15% of cover at no extra cost.
Justin Taurog, director of marketing and distribution for PruProtect, says: "Thinking about the future and how a family will cope should the unexpected happen is an extra worry but a simple plan can ease the worries of those concerned about passing on funeral costs and debts."
