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Over 50s Life Insurance
Over 50's plans are very similar to the Whole of life policies in the respect that you will be asked to decide a guaranteed lump sum up front. However, you will never be asked any questions about your past medical history, meaning that this type of policy can be a great form of policy for those who may struggle to get life insurance elsewhere.
A downside is that over 50's plans have survival periods. This means that you have to stay alive for a set period of time before you are able to make a claim on your policy. This set period can be anywhere from 6 months to 1 or even 2 years, depending on the insurance company and other factors.