Assurity Over 50s Life Insurance Review
Marvin's low-down on Over 50s Life Insurance from Assurity
The experts say:
Assurity's Over 50s Life Insurance is a policy that offers customers coverage for accidental death during the waiting period, and the ability to claim full benefits after the policy has been started for a period of 36 months. It is worth noting that customers must stop paying insurance premiums at age 95 in order to benefit from this policy. One positive aspect of this product is that it comes with a signing up incentive, although there is no data available on what this incentive actually is. It also has an average Fairer Finance Star Rating of two stars, which suggests that it might not be the best deal out there when it comes to life insurance products. Overall, Assurity's Over 50s Whole of Life insurance may be a decent option for some customers due to its coverage for accidental death during the waiting period and incentives. However, those looking for more bang for their buck might want to consider other options before signing up.
What Assurity customers are saying right now:
The Good
- 🙂 Affordable life insurance for seniors
- 😊 Keeps premiums deducted each month
- 🤗 Ethos offers affordable term policies
- 🤩 Customer service offers help with restructuring expenses
- 😃 Rates stay consistent despite changes in health
The Bad
- ⚠️ Assurity increases the premiums without warning and does not confirm receipt of documents
- 😡 Insurance agents give false information to get people to sign up for policies
- 🤬 Customer service is unhelpful and deceptive with claims and policy restructuring
Assurity customer reviews summary
Assurity is a company that has been under fire recently for their questionable practices in the insurance industry. Customers have reported receiving letters with doubled premiums, being misled by agents, and generally being left without the coverage they need. On top of that, claims have been denied without a clear explanation, leaving customers feeling frustrated and taken advantage of. With all this in mind, it's no wonder why Assurity has earned a score of 3 out of 10.
Is Assurity one of this year's Top 10 Over 50s Life Insurance companies?