Over 50s specialist SunLife has entered the car insurance market for the first time this week.
The company, which is an established provider of life insurance and equity release products, also launched its first home insurance policies in March this year.
Its latest foray follows news announced earlier this month that people in their 50s have been hardest hit by rising car insurance premiums, with prices at record levels.
SunLife’s car insurance offerings, which are available direct or via comparison websites, include comprehensive cover, as well as third party only cover, and third party, fire and theft cover.
Optional extras for comprehensive policies include breakdown cover, guaranteed replacement car, no claims discount protection, motor legal protection, and key care.
The products have been launched in partnership with Junction – a business owned by insurance provider BGL Group, which also owns comparison site CompareTheMarket.com.
- The little-known fund to help cyclists and pedestrians knocked down by uninsured and hit-and-run drivers
Of course, just because SunLife caters for the over 50s it doesn’t mean its policies and prices are the best for everyone in this age bracket. Always use a price comparison website to search for the best deal for your needs.