My Mutual Guaranteed Over 50s Plan Cashback & Offers

Scottish Friendly is taking a new approach to Over 50s plans - potentially giving you and your loved ones even more comfort. It's never too early to make sure your family has some financial protection after you're gone. Prepare with Scottish Friendly’s My Mutual Guaranteed Over 50s plan.

The Scottish Friendly difference

Here's how our plan differs:

You might be able to stop paying a bit earlier and remain fully covered. Like some other Over 50s plans, your payments will end after your 90th birthday.

However, our new approach means, you might stop paying in a bit earlier and continue to enjoy full cover. We are able to do this as some of your payments participates in our With-Profits fund. Where possible, we’ll use any benefits provided by the fund to reduce your overall payment term.

As well as this, your family will still get back a proportion of your cover amount when you pass away, if you're unable to continue to pay for any reason, provided you’ve paid in a minimum of 5 years’ worth of payments.

Terms and Conditions apply, for full information on these benefits please read our Product Guide.

Other great benefits you'd expect:

• Guaranteed acceptance for UK residents aged 50-74 with no medical questions other than your smoker status.
• Affordable cover from just £7 a month, depending on age.
• Fixed monthly cost.
• Full cover after 2 years, when you keep up your monthly payments.
• Full cover if you die and it's an accident, after just one month's payment.

Remember, this is not a savings or investment product and has no cash in value at any time. You could pay in more than the cash sum paid out (depending on how long you live).

Scottish Friendly has won the ‘Most Innovative Mutual Insurer - United Kingdom’ at the 2021 Global Brand Magazine Awards and is the three-time reigning Capital Finance International Awards' 'Best Mutual Insurer in the UK'. We're also a mutual that's been around for 160 years.

T&Cs and cashback terms apply.