I'm 50 and was wondering if anyone out there has signed up for an over 50's plan and which one would you recommend if your in the insurance sector

I wouldn't bother with over 50's plans with any company unless you know you are insurable already. All these companies do is work on published mortality tables and averages for average male & female life expectancy.

Depending on what you wanted the cover for, how much cover you need and your budget of course best thing to do is speak to an Independent Financial Advisor.

They would offer you best advice and most do not charge you anything for an initial meeting as they only usually charge you if you take up their recommendation.

For example to cover a mortgage-Term Assurance with or without Critical Illness Cover.

To cover funeral costs or Inheritance Tax Planning-Whole of Life Cover (Utilising a trust document to take the cover outside of your estate upon death therefore tax free & payable to the beneficiary/ies immediately)

Life Insurance-Usually Term insurance or Pension term insurance or Whole of Life (Utilising a trust document to take the cover outside of your estate upon death therefore tax free & payable to the beneficiary/ies immediately)

I used to be an IFA.

3 of us.

I am also a fully qualified financial advisor, well was a few years ago, still have the letters after my name.
It came in handy for 3 things:
-impressing my then girlfriend/now /wife when I first met her as I had a brand new company motor at 21
-being able to destroy the smarmy little f*ckers that ring up trying to sell insurance/pensions etc
-gives you a professional attitude to meeting new customers , which gives you an edge in the building trade over other tradesmen, many who have no sales skills /have been on the tools since 15 and still think it’s ok to turn up in a beaten up old van and light a fag up just before the customer answers the door.
After trying to get a 50 years old couple to invest 100 grand in a unit trust , when you are 21 and speak like you should be selling vacuum cleaners door to door , rather than savings/investment plans. Explaining that artex ceilings went out of fashion with the dinosaurs is an easy sell.

Like anything in sales (which finiancial advising was 20 years ago) , when you get differing commission rates for different products, very little financial advice is ‘correct advice’, it’s telling a customer about all aspects of their financial needs, when really you are pushing the product/company that pays you the biggest commission percentage.

This is getting like the magnificent 7.