Before you get started

About this product

  • Our Over 50s Life Insurance product pays out a guaranteed lump sum when you die.
  • If you die for any reason after the first 12 months of having the policy, we’ll pay out the full cover amount as a lump sum. We’ll also pay out the full cover amount if you die because of an accident within the first 12 months.
  • However, if you die before the first 12 months is up, and it wasn’t an accidental death, we won’t pay out the cover amount, but we’ll pay a sum that’s equal to the premiums that have already been paid.
  • The policy is not a savings plan and has no cash-in value at any time.
  • The rising costs of goods and services, known as inflation, may affect the value of the cover amount in real terms. You should review your cover needs regularly.
  • You can take out more than one policy if you need more cover. The total monthly premium can’t be more than £100 across all your Over 50s Life Insurance policies taken out with Santander.
  • It’s up to you to make sure your policy meets your demands and needs. If you’re not sure what your cover needs are, Santander’s Life Insurance pages have helpful information.

About the premiums

  • Your monthly premiums won’t change. You’ll pay for 30 years or until the policy anniversary after your 90th birthday, whichever comes first.
  • Depending on how long you live, the total amount of premiums you pay may be more than the amount paid out when you die.
  • If you don’t pay your premiums, the policy will end 60 days after the last premium was due and you’ll get nothing back.

Your details

Title: Required
Name:
Gender:
What’s your date of birth?
This helps us to check that you’re eligible and work out your cover amount and premium.
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Smoking, vaping, tobacco and nicotine use: Required
We need accurate information about your use of cigarettes, cigars, a pipe or any other tobacco or nicotine products including nicotine gums, patches, inhalers, tablets, lozenges, sprays and electronic products, even if only on an occasional basis. It’s an important factor in our assessment of terms and payment of claims.
Phone number(s):

We need at least one phone number as we may need to contact you to clarify any information in your application.

To apply you must be in the UK, have a legal right to live in the UK and consider your main home as being in the UK, with no current intention of moving anywhere else permanently.

The UK does not include the Channel Islands, the Isle of Man or Gibraltar.

If you’re moving home, use your current address. You can change this after you have moved.

Please check you have provided your correct email address.

Your data

This tells you about how your personal data will be kept and used.

As part of this application you will need to provide information about yourself. For joint applications, you will both need to provide information. This information will be used by both Aviva and Santander.

How Aviva will use your data

Aviva will collect and use your personal information as part of this application process. This will include your health data and that of your family members and/or any other individuals covered by the contract.

Please read Aviva’s privacy notice - PDF, 115KB (opens in a new window), which gives more details, including how we share your data; that we use an automated underwriting engine to generate a decision about this policy and the terms that apply to it; and what your individual rights are in relation to your personal information.

How Santander will use your data

Santander will receive information from Aviva Life & Pensions UK Limited (the insurer) for administration purposes which shall enable them to form a view of you as a customer. Santander will collect most of this directly during the quote and application process.

The sources of personal data collected directly and indirectly are mentioned in Santander's data protection statement and it is important that you read this statement in full before progressing further with your quote and application.

Your marketing preferences and related searches

Santander will use your home address, phone numbers, email and social media (e.g. Facebook, Google and message facilities in other platforms) to contact you according to your preferences. You can change your preferences or unsubscribe at any time by contacting Santander. In the case of social media messages you can manage your social media preferences via that social media platform. If you’re over 18, Santander may search the files at credit reference agencies before sending marketing communications or doing marketing in-branch to you about credit. The credit reference agencies don’t record this particular search or show it to other lenders and it won’t affect your credit rating. Santander do this as part of their responsible lending obligations which is within their legitimate interests.

If you have already told Santander that you do not want to receive information on other products or services or to take part in market research, Santander will respect your wishes. You can change your preferences at any time by contacting Santander.