Home Insurance for over 50s
Age Co's 5 Star rated Home Insurance from £179.96*
Call for free 0800 323 4430** 0800 323 4430**
Lines open Mon-Fri: 8am to 8pm, Sat: 9am to 1pm. Calls may be recorded
Age Co's 5 Star rated Home Insurance from £179.96*
Call for free 0800 323 4430** 0800 323 4430**
Lines open Mon-Fri: 8am to 8pm, Sat: 9am to 1pm. Calls may be recorded
You can start saving straight away! If you move to Age Co Home Insurance and cancel your current insurance, you'll be refunded any cancellation fees that your current insurer charges - up to £55‡‡. Simply download and return the cancellation charge refund form. Please check that Age Co Home Insurance will cover your home and what you will be charged by your current insurer before cancelling your existing policy.
See if you could save money with our 5 Star Defaqto rated home insurance. If you have already started a quote, the details have been saved for you, retrieve your quote here.
Age Co over 50s Home Insurance offers both buildings insurance and contents insurance, which can be bought separately or as a package.
Buildings insurance is designed to protect the foundations of your home. It is essential to protect against the risks of fire, flood and storm damage.
Buildings insurance covers
• Fixtures and fittings Please note that a non-standard construction property would be based on the customer's sum insured amount for the rebuild cost. Cover cannot be provided if you are not the owner. |
***Excesses are £1,000 for subsidence claims (reducing to £100 for properties under 10 year old), and £245 excess for escaping water claims.
For full details, please refer to the Home Insurance policy document. Terms, conditions, limitations and exclusions apply. If you need help estimating the value of your home contents, you can refer to our handy guide here for advice.
While buildings insurance protects the structure and foundations of your home, contents insurance is designed to protect the belongings inside your home and garden. It can provide you with the reassurance that the things you value are protected.
If you only need to insure your belongings, for example if you are in rented accomodation where the landlord arranges the buildings insurance, you could be covered by Age Co Contents Insurance from as little as £59.23*.
Age Co over 50s Home Insurance offers both buildings insurance and contents insurance, which can be bought separately or as a package.
Below is a summary of what contents insurance will cover. For full details, please refer to the Home Insurance policy document.
|
Contents insurance covers • Loss or damage to household goods Contents cover is available up to £60,000. Increased contents cover of up to £100,000 may be available, subject to terms and conditions. |
See if you could save money with 5 Star Defaqto rated home insurance. If you have already started a quote, the details have been saved for you, retrieve your quote here.
Buildings and contents insurance will also cover you against:
***Excesses are £1,000 for subsidence claims (reducing to £100 for properties under 10 year old), and £245 excess for escaping water claims.
For full details, please refer to the Home Insurance policy document. Terms, conditions, limitations and exclusions apply. If you need help estimating the value of your home contents, you can refer to our handy guide here for advice.
| Product Features | Age Co Home Insurance | AA Home Insurance | Saga Home Insurance | Tesco Bank Home Insurance |
|---|---|---|---|---|
| Additional Fees | ||||
| Monthly Instalment Charge | 0%^^ | 26.9% | 22.9% | 29.8% |
| Adjustment Fee § | £0 | £15 | £14.50 | £25 |
| Cancellation Fee | £0 | £20 | £35 | £35 |
| Coverage | ||||
| Buildings Insurance | Up to £500,000 | Up to £1,000,000 | Up to £1,000,000 | Unlimited |
| Contents Insurance |
Min £60,000 |
Min £40,000 | Min £75,000 | Min £75,000 |
Information sourced on 04 September 2018 for new online policies from Defaqto Matrix.
§ In the event of a change of circumstances, premium charges may apply.
^^ For a limited time only. This will increase to 17.7% APR Representative for all new policies from 01 December 2018.
See what is and isn't covered by Age Co Contents Insurance.
In addition to this summary of cover, please refer to the policy document for terms, conditions, limitations and exclusions and to the Insurance Product Information Document (IPID) for details specific to your quotation.
Buildings insurance |
Standard policy limits |
| Loss or damage to the building, as covered by your policy |
The maximum claim limit shown on your building insurance policy schedule |
| Trace and access source of leak for escape of water and escape of oil causes | Up to the maximum claim limit shown on your policy schedule |
| Property owners' liability | £2 million |
| Cover for rent or alternative accommodation costs if your home can't be lived in due to an insured event |
20% of the buildings maximum claim limit shown on your policy schedule |
| Contents insurance | Standard policy limits |
| Loss or damage to your home contents, as covered by your policy | The maximum claim limit shown on your contents insurance policy schedule |
| Maximum claim limit for any valuable | £2,000. Cover for higher valued items may be available upon request |
| Valuables in the home | The maximum claim limit shown on your policy schedule |
| Money | £500 |
| Credit cards | £1,000 |
| Freezer food | £1,000 |
| Public and personal liability | £2 million |
| Unpaid damages | £2 million |
| Tenant's liability | 20% of the maximum claim limit for contents shown on your policy schedule |
| Loss or damage to contents during removal | Up to the maximum claim limit for contents shown on your policy schedule |
| 10% increase in the maximum claim limit for religious festivals, birthdays, family wedding and civil partnership ceremonies | Maximum claim limit for contents increased by 10% |
| Counselling fees | £1,000 |
| Garden cover | £1,500 |
| Accidental breakage to audio/visual equipment, DVD equipment, fixed glass in furniture, mirrors and desk-top computers | Up to the maximum claim limit for contents shown on your policy schedule |
| Fraudulent use of credit cards | £1,000 |
| Carer's contents | £250 |
| Items covered while living in a nursing home, residential care home or staying with family or friends | Up to 20% of the maximum claim limit for contents shown on your policy schedule |
| Medical equipment on loan | £5,000 |
| Accidental damage to wheelchairs and stairlifts in the home | Up to the maximum claim limit for contents shown on your policy schedule |
| Rent and alternative accommodation | 20% of the contents maximum claim limit shown on your policy schedule |
Buildings Insurance
Loss or damage caused by weight of snow. Loss or damage to gates and fences caused by storm or flood.
Contents Insurance
Loss or damage caused by weight of snow. Theft or attempted theft when your home or any part of it is lent, let or sublet to or occupied by someone who is not a member of your family, unless damaged was caused because force was used to get in or out of the building.
General policy exclusions applicable to all sections and optional extras
Property covered by another policy of insurance. Any criminal or deliberate act by you or your family. Loss or damage caused by wear and tear or lack of maintenance.
Choose from a wide range of optional extras to tailor the cover to suit you.
For an additional charge, you can add these optional extras to your insurance cover. Please download our policy document for full terms and conditions.
Cover | Standard policy limits |
Significant exclusions |
|---|---|---|
| Accidental damage to buildings and contents | Up to the buildings' or contents' maximum claim limit shown on your policy schedule |
|
| Unspecified personal belongings | Limited to £1,000 - £5,000 |
|
| Specified personal belongings | Limited to £10,000 |
|
| Pedal cycles | Limited to £300 unspecified and £1,000 specified |
|
| Static caravan | Up to £35,000 for the structure and up to £2,500 for the caravan equipment |
|
| Touring caravan | Up to £25,000 for the structure and up to £2,500 for the caravan equipment |
|
| Home emergency |
To qualify to add Home Emergency cover, the property has to be owned by the policyholder and also their main residence. Benefits include:
Limited to £1,500 during the period of insurance, with a claim limit of £500 per incident. Provides emergency repair by a qualified professional or permanent repair provided this does not exceed the cost of the emergency repair. Claim limits include the cost of call out, labour, materials and VAT. |
|
| Personal legal protection | Provides up to £100,000 of cover to take legal action for things such as employment, contract or property disputes and personal injuries or clinical negligence. |
|
Product Literature
Home Insurance Policy Document
(viewable in pdf, file size 1 MB)
(viewable in pdf, file size 185 KB)
Personal Legal Protection Policy Document
(viewable in pdf, file size 1 MB)
If you're an existing customer, please call on 0345 603 0512 for copies of your existing documents.
Calls to 03 numbers use free plan minutes if available. Otherwise they cost the same as 01/02 prefix calls.
Other
Cancellation Charge Refund Form
(viewable in pdf, file size 414 KB)
Age Co Home Insurance is designed with the over 50s in mind, however there is no age restriction and anyone can apply providing your home is:
In order to provide buildings cover, the property must be owned by you.
Cover cannot be provided if you or anyone living with you has:
Please note that other factors may also affect eligibility, not just those listed above.
No. If you live in rented accommodation, your landlord should have buildings insurance and you only need contents insurance. However, if you own your home, the Citizen's Advice Bureau recommends to have both contents and buildings insurance (https://www.citizensadvice.org.uk/debt-and-money/insurance/types-of-insurance/buildings-insurance/).
All claims for contents cover are settled on a ‘new for old’ basis. So, damaged items will be repaired and anything stolen or damaged beyond repair will be replaced as new. With buildings cover, claim settlements are based on the full repair or rebuilding cost. Please note, the sum insured must be high enough to cover the full replacement or rebuilding cost at today’s prices.
Not necessarily. But, if you need to insure high sums or depending on the area you live in, you may need to take additional precautions as part of the arrangements for providing your buildings and contents insurance cover. See page 10 of the policy document for more details.
If you’re not satisfied with your policy, you can cancel at any time by telephoning or writing to Age Co Insurance. You will only be charged for the time you have been on cover unless a claim has been made. If a claim has been made, you will need to pay the full annual premium. See page 10 of the policy document for more details.
The insurance arranger will be happy to discuss the options with you, so that you can decide what cover you need. When you apply, just let them know which extras – if any – you want to include in your cover.
If you make a change to your policy during the period of insurance and the difference in the premium is less than £10, you will not be charged an additional premium or have a refund. Plus, unlike most insurers, Age Co Home Insurance will not charge you an admin fee for changing your policy.
'Hidden admin fees' can include adjustment fees, cancellation fees and duplicate document fees. Some companies also charge interest (APR) for paying monthly. On top of this, some may charge a 'Direct Debit fee' for monthly payments. Age Co Home Insurance allows you to pay by interest-free monthly instalments (0% APR Representative)^^, and there are also no fees for policy amendments, cancellations or duplicate documents.
^^For a limited time only. This will increase to 17.7% APR Representative from 01 December 2018.
Defaqto are a leading independent UK financial researcher, specialising in analysing and comparing financial products such as insurance. They rate hundreds of insurance products, giving each a 1 to 5 rating based on quality and comprehensiveness of the features and benefits it offers. This may help you make a more informed decision about which one suits your needs. Defaqto are completely independent and unbiased and never knowingly exclude a product or policy from their Star Ratings.
It is important to base your financial decisions on the quality of a product - not just how much it costs. Star Ratings assess products based on the features and benefits they offer, helping you see at a glance where a product sits in the market. Age UK Home Insurance provides one of the highest quality policies in the market as indicated by a Defaqto 5 Star Rating.
Simply call the claims helpline (telephone number shown on your policy schedule), which is open 24 hours a day, 365 days a year. An operator will immediately confirm whether your policy covers you for the incident. Please have your policy details available.
If you have Home Emergency cover, please call 0144 444 2114.
If you want to make a claim on your Personal Legal Protection policy, please call 0333 005 0353 and quote “Age Co Personal Legal Protection”.
Another great benefit of being over 50 is that you could find that you get a better deal on your home insurance, simply because you are over 50. This is because the over 50s are less likely to cause damage by having, for example, un-planned parties. Because of this you could be considered as less “risk” to the insurance company, and instead older and wiser!
At the same time, it’s important to make sure you have cover that’s designed to meet your needs. For instance, people over the age of 50 are more likely to have a greater number of high-value items~, having collected them over a lifetime. The over 50s are also more likely to have larger family homes. It’s also important for the over 50s to make sure you select cover which settles claims on a ‘new for old’ basis. This ensures that the cost of a replacement will be calculated based on how much it would cost to replace the item today, rather than the price you originally paid for it, be it 5, 15 or even 25 years ago.
And finally, the over 50s are more likely to use their free time to travel, so you should also consider how frequently your property might be unoccupied or whether you want your personal possessions to be covered while you are away from home.
~You can find out more about insuring high value items such as Jewellery insurance.
Buildings insurance is compulsory if your property is mortgaged, and is highly recommended (but not compulsory) if you own your house outright. Buildings insurance covers the structure of your property and your permanent fixtures and fittings, such as your kitchen and bathroom. To put it simply, buildings insurance covers the things you can’t take with you if you were to move to a new house. You cannot take out buildings insurance for a property you don’t own.
Whether you are in owned, rented or temporary accommodation, you should also protect your belongings. Contents insurance covers the items within your home from loss, damage or theft. Again, to put it simply, contents insurance covers the items you would take with you if you were to move. Some contents insurance will also cover items while you are away from your home or on holiday.
It is sensible to have both buildings and contents insurance, as independently they might not give you the cover you need. Plus, many insurers will provide a discount to customers who take out both buildings and contents insurance from the same provider.
0800 323 4430** 0800 323 4430**
Lines open Mon-Fri: 8am to 8pm, Sat: 9am to 1pm. Calls may be recorded
Age Co Home Insurance is administered by Ageas Retail Limited and provided by a limited panel of insurers^^^. Age Co Home Emergency Cover is provided by AXA Assistance (UK) Ltd.
Age Co Home Insurance and Age Co Home Emergency Cover were previously sold under the trading name Age UK Home Insurance and Age UK Home Emergency Cover.
Age UK Enterprises are always committed to providing good customer service. If you buy a product from Age UK Enterprises, you may be contacted by our partners Feefo on our behalf to find out about your buying experience.
* 10% of all customers buying an Age UK Home Insurance Buildings & Contents policy between January 2018 and June 2018 paid £179.96 or less (includes insurance premium tax at the applicable rate). The premium you pay will depend on individual circumstances, the cover chosen and optional extras selected.
** If you call the 0800 number, you will be dealing with either an Age UK office or Ageas Retail Limited.
^^ For a limited time only. This will increase to 17.7% APR Representative for all new policies from 01 December 2018.
‡ For a limited time only. This will increase to £95 for all new policies from 01 December 2018. The other excesses are £1,000 for subsidence claims (reducing to £100 for properties less than 10 years old) and £245 for escaping water claims.
†† On standard construction properties.
^ Awarded Consumer Intelligence 2017 awards for Customer Satisfaction and Customer Recommendation for Home Insurance.
‡‡ No Claims Discount can be affected by cancelling cover mid-term. The cancellation fee refund of up to £55 will be made up to 60 days after the request is received together with a confirmation letter from your existing insurer. This letter should state that your policy has been cancelled, and the cancellation charge amount. The original documents should not be sent, only a copy. Your copy will not be returned. The refund will be paid to you by cheque. This offer only applies to new home insurance policies bought over the phone, online, or via an Age UK office (for either buildings, contents or both) before 31 December 2019. Refund forms must be received within 60 days of the Age Co Home Insurance policy start date. This offer may be withdrawn or amended at any time. In the event of the offer being withdrawn only policies purchased before the withdrawal date will be honoured. The refund will not be paid if the Age Co Home Insurance policy has been cancelled within 14 days of the policy start date. Only one administrative/cancellation fee claim can be made per policy. Payment can only be made to the policyholder identified on the policy documents.Your full premium may be taken if your policy is cancelled mid term. Pro rata refunds differ from company to company. Cancellation notice periods differ from insurer to insurer and can take up to seven days. Please check with your existing insurer before cancelling and setting up an Age Co policy. Terms and conditions apply. The decision of Age UK Enterprises Limited in regards to this promotion is final.
^^^ Details are available on request.
Age UK Enterprises Limited trades under the trading name Age Co Insurance Services. Age UK Enterprises Limited is a trading subsidiary company of Age UK (registered charity, no. 1128267) and donates its net profits to Age UK. Products offered by Age Co Insurance Services are arranged by Age UK Enterprises Limited and arranged and administered by Ageas Retail Limited, both of which are authorised and regulated by the Financial Conduct Authority. Ageas Retail Limited Registered office: Ageas House, Hampshire Corporate Park, Templars Way, Eastleigh, Hampshire, SO53 3YA. Registered in England and Wales 1324965. FS Register number: 312468. Age UK Enterprises Limited Registered office: Tavis House, 1-6 Tavistock Square, London, WC1H 9NA. Registered in England and Wales 3156159. FS Register number: 311438.
H8357V1JUN18