Over 50s Life Insurance With Best Free Gift

We’ve provided a guide on the best life insurance policies with free gifts in 2021. Some companies, however, offer welcome gifts specifically for customers that take out a new Over 50s Life Insurance policy. Although it shouldn’t be the main reason why you choose a specific policy, as you should always focus on the coverage offered by a company first, it would be a bonus if your chosen policy also came with some free gifts.

So, to save you time and hours of scouring the internet, we’ve put together an in-depth list below with the best ones.

Legal & General: Gift Card Worth £120

UK financial services and asset management firm Legal & General offers all new customers taking out a new Over 50s Life Insurance policy a gift card worth £120. Note that this offer ends on 30 November 2021.

You will only be eligible to receive your gift card after holding the insurance policy for at least six months and after making all six payments. The firm aims to send instructions on redeeming your card within 60 days of your sixth payment.

Key Points:

• Only one gift card is available per policy.
• You are not eligible if you’ve taken out and cancelled an Over 50s policy with Legal & General in the past 18 months.
• The company does not offer a cash alternative.
• The gift card cannot be redeemed in addition to other offers provided by Legal & General.
• To be eligible, you must take out the policy directly through the company online, via phone, or post. Policies bought through price comparison sites, and cashback services are not valid.
• The offer ends on 30 November 2021. The company reserves the right to revoke the offer at any time.
• The card is only available after you’ve made six monthly payments.

You can take a look at the company’s Over 50s Life Insurance services in detail here. You can also contact the company regarding the free gift on 0808 296 5402.

SunLife Insurance: Free £120 Love2Shop Gift Card

British financial services company SunLife is currently offering new customers that take out an Over 50s Life Insurance policy a £120 Love2Shop gift card, the company’s most valuable one. Note that the gift will only be available after you’ve made six premium payments, after which the company will get in touch with details on how to redeem your gift.

Your Love2Shop gift card can be used at various retailers, including Argos, Foot Locker, Go Outdoors, Waterstones, Shoe Zone, and Kernow Mill. For a complete list of brands, take a look here.

Key Points:

• If you’ve taken out and cancelled a SunLife policy in the past, you might not be eligible to receive the gift.
• The card cannot be resold.
• The company currently provides no end date; however, SunLife has the right to revoke the offer at any time.
• Love2Shop has its own terms and conditions, which can be reviewed on the company website.

Take a look at SunLife’s Over 50 Life Insurance services here. Also, if you’d like to get in touch with the company regarding the free gift, you can do so on 0800 904 7674.

British Seniors: Free £100 M&S Gift Card

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UK life insurance agency British Seniors is currently offering all new customers that take out an Over 50s Life Insurance policy an M&S gift card worth £100. If you qualify for a joint life policy, the gift card’s value rises to £200, a benefit that isn’t usually offered in this segment.

To be eligible to receive the gift card, you must have made the first six monthly payments, and the total paid must exceed the value of the gift card.

Key Points:

• The gift card is only available to new customers.
• The company currently stipulates no end date; however, British Seniors have the right to revoke the offer at any time.
• Only one gift is available per new policy.
• The company does not offer any cash alternatives.
• The gift is only available with new policies purchased directly through British Seniors. So policies obtained via price comparison and cashback sites will not be valid.
• The value of the card rises to £200 if you qualify for a joint policy.

You can review the company’s Over 50s Life Insurance policies here, and you can get in touch with British Seniors to discuss the free gift on 0800 542 7618.

Direct Line: Free £100 Gift Card – Love2Shop, Amazon, and M&S

British insurance company Direct Line offers customers who take out a new Direct Line Over 50s Life Insurance Policy a free £100 gift card to use with Love2Shop, Amazon, or M&S. Love2Shop gives access to over 90 retailers, including Argos, American Golf, and the Edinburgh Woolen Mill.

To offer is valid for new policies taken out on or after 22 July 2019. The company currently provides no end date.

Key Points:

• The promotion is limited to one gift per household.
• If you’ve previously received a gift from a life insurance policy and then subsequently cancelled, you won’t be eligible for Direct Line’s offer.
• You’re only eligible for the gift once you’ve held the policy for at least six months and have all payments up to date. The company will then send you the gift card within 30 days.
• Direct Line does not offer a cash alternative.
• The free gift is only offered with policies bought directly from the company on the website or via the phone.

Visit the company’s site to review Direct Line’s Over 50s Life Insurance policy. The gift card is handled by MLP, which can be contacted on 01565 656 144.

Post Office: Free £100 Gift Card – M&S, Argos, and Amazon

British retail post office firm Post Office offers customers who take out a new Post Office Over 50s Life Insurance Policy a free gift card worth £100 to use at either M&S, Argos, or Amazon. The promotion is only available to UK residents between 50 and 80 years old.

Note that this promotion ends on 30 November 2021. To be eligible, you need to hold the policy for at least six months and make all payments, after which the company will send you the gift card within 28 days of the sixth monthly payment.

Key Points:

• The offer ends on 30 November 2021.
• You’re only eligible after making the first six monthly payments.
• You have 365 days to select your gift.
• Couples that buy separate policies may be eligible for two different gifts. Get in touch with the Post Office to discuss further.
• This offer can’t be used alongside other Post Office offers.
• The gift card is only offered with policies bought directly from the company online or via phone or mail.
• The three gift card retailers have terms and conditions of their own, which you should check before taking out a policy.

Visit the company site to review the Over 50s Life Insurance policies in detail. You can also contact the team on 0330 123 3977 to discuss the free gift.

Shepherds Friendly: Love2Shop Gift Voucher Worth Up To £50

UK insurance firm Shepherds Friendly is currently offering customers that take out a new Over 50s Life Insurance policy a Love2Shop gift voucher worth up to £50. Love2Shop gives you access to over 90 popular retailers, including Argos, M&S, American Gol, John Lewis, and the Edinburgh Woolen Mill.

The value of your voucher depends on your monthly premium:

• You’re not eligible if you pay less than £10 per month.
• Your voucher is worth the full £50 if you pay between £10 and £50 per month.

Note that you are not eligible for the promotion if you acquire your Over 50s Life Insurance policy through a cashback or price comparison site.

Key Points:

• The free voucher is only available after you pay your sixth premium.
• The policy has to be bought directly through Shepherds Friendly.
• If you also have a savings plan with the company, the voucher will be made available once you’ve made the first monthly payment.

Visit Shepherds Friendly to review the company’s life insurance policies, and get in touch on 0800 526 249 to discuss the free gift in detail.

Sainsbury’s: £100 Worth of Free Nectar Points

British supermarket chain Sainsbury’s offers £100 worth of free nectar points to customers that take out a new Over 50s Life Insurance policy. The company’s insurance products are backed by Legal & General.

Note that the gift is only available after you’ve made the first five monthly payments, after which the company aims to transfer £100 of nectar points to your account within 60 days.

Key Points:

• The offer is only available with policies purchased directly through Sainsbury’s. Policies acquired via cashback, price comparison, or other third-party sites will not be valid.
• The offer is limited to two per household within 12 months.
• The company doesn’t offer a cash alternative.
• The company provides no end date; however, Sainbury’s holds the right to end or revoke the offer at any time.

To review the life insurance policies, visit Sainsbury’s website and to discuss the gift in detail, call the company on 0800 197 3373.

Churchill: Free Gift Card Worth £100 – Amazon, M&S, and Tesco

The popular UK insurance company Churchill offers new customers who take out an Over 50s Life Insurance policy a free gift card worth £100 to use at either Amazon, M&S, or Tesco. The promotion is valid for policies taken on or after 22 July 2019.

Note that the gift will only be available after you’ve made the first six monthly payments, after which the company will aim to send you the gift within 30 days.

Key Points:

• The promotion is limited to one per household. So if you and your partner are taking out separate policies, or a joint policy, you’ll only receive one gift card.
• The company does not offer a cashback alternative.
• The policy has to be acquired directly through Churchill. Policies bought through price comparison, cashback, or other third-party sites are not valid.
• If you previously received a gift for a life insurance policy and subsequently cancelled, you will not be eligible for Churchill’s offer.

You can view the company’s Over 50 life insurance products in detail here. If you’d like to discuss the gift offer in detail, contact Churchill on 0800 077 8318.

Compare the Market: £50 Amazon Gift Card

British price comparison site Compare the Market is offering new customers who take out an Over 50s Life Insurance policy an Amazon Gift card worth £50. Usually, most insurance providers offering free gifts don’t include policies bought through price comparison sites in their promotions. This provides a good alternative if you’re looking to get a better deal through Compare the Market while still receiving a freebie.

Note that the gift is only available after you’ve made the first three monthly payments, after which the company will get in touch within 45 days.

Key Points:

• The offer is available for Over 50s Life Insurance policies bought directly through Compare the Market on or after 7 September 2021.
• Assured Futures provide the gift card.
• The promotion is only open to UK residents over 50 years old.
• You must claim your gift within 30 days of receiving the email from Assured Futures.
• The promotion is limited to only one. So you won’t be able to get multiple gift cards if you take out multiple policies.

You can visit Compare the Market to browse Over 50 Life Insurance products and compare quotes here. If you’d like to discuss the promotion, contact the company on 0808 141 1336.

It’s worth noting that although free gifts are great incentives, you should always ensure that you’re getting the policy and coverage you need. It’s never a good idea to pay more so that you can gain access to a better gift.