Plan

Guaranteed Over 50s Plan

This product forms part of the MAPFRE MSV product range.

  • Pays a lump sum in the event of death of one or more persons covered, whenever that occurs
  • If you die during the first two years of your plan we will provide a full return of your premiums.  After the second year, the guaranteed fixed amount of life insurance will be payable.
  • There are no medicals or health questions
  • You choose the amount of premium you want to pay and we guarantee a fixed amount of life insurance based on your age when the policy starts
  • You can pay the premiums monthly, quarterly, half yearly or yearly
  • When you reach your 90th birthday you stop paying the premiums but the life insurance will continue for the rest of your life
  • You can appoint one or more beneficiaries to receive the benefit under the Plan
  • You can take out more than one Plan so long as the total of all the premiums added together does not exceed €100 per month
  • It is available to all Maltese residents aged between 50 and 80 when the plan starts