Rias launches over 50s life plan

The insurer says its Over 50s Life Plan will provide customers aged between 50 - 75 years old with guaranteed acceptance and can help address the costs of funerals which have risen 66% in seven years to an average of £2.733. It is underwritten by sister company Fortis Life and includes: three times cash sum paid out if a customer dies accidentally within the first two years - which is unique in the market; one and a half times premiums back if the customer dies for other reasons in the first two years; no payments required after 90th birthday; 10% extra with the Funeral Benefi...