Scottish Friendly launches full cash benefits life plan for Over 50s

The 'My Mutual Guaranteed Over 50s Plan' helps customers who may stop paying in by rewarding them with the potential of ending their payments before the age of 90, whilst still allowing them to secure their full cash benefit on death, on the provision they make all their payments. Customers will also be entitled to a proportion of the "profits" which will be available after four years or payments, regardless if they stop paying in. Furthermore, the "profits element" of the product platform means that if the mutual achieves investment growth on their fund, this can be used to provide t...