Accidental Death Benefit features
The plan allows for a cash payout of £25,000.
Your partner, family or friends can spend the money whichever way they like to help safeguard their future. What is more, although subject to inheritance tax* (if applicable), the benefits are free from income tax (under current legislation).
Unlike many plans, Saga guarantees acceptance for all customers between the ages of 50 and 89. No medical examination is required.
Saga will cover you against death resulting from any sporting activity except flying, other than as a passenger in a licensed passenger aircraft.
As it is important that a policy of this nature does not lapse, we ask that the monthly premiums are paid directly from your Bank or Building Society account by Direct Debit.
No hidden catches
Saga aims to ensure that its insurance policies are straightforward. The only areas that we do not cover are detailed in the Frequently Asked Questions section.
*If you are in any doubt whether your estate will be subject to inheritance tax, you should consult a solicitor or other qualified tax specialist for professional advice.