New research conducted by Engage Mutual has looked at the kind of people who might be shopping for products like over 50s life cover in the UK and how happy they are in their day-to-day lives.

The research looked at the lives of British people up and down the country and found that those who were in their fifties and beyond were counting their blessings and living life to the full. Of those polled, 44 per cent of those in this age bracket said that, in fact, they were now more content than they had ever been before.

Of all the reasons cited as being important to a happy old age, being in relatively good health came out top. This was followed by having more time to enjoy life and being in a relatively good financial position. Other things mentioned included contentment with their life achievements so far, having been able to pay their mortgage off, knowing what they wanted from the rest of their life and knowing that their children were happy.

One way to help make sure your loved ones have some financial help after you’ve gone is to have an over 50 life insurance plan in place. Nowadays, surfing the internet for this type of plan is easier than ever and you will be able to get all the relevant information on over 50s life cover in this way without having to make multiple phone calls and accumulating masses of paperwork. With all the necessary information available you’ll be able to make your application online if you wish to do so.

However, there may be a few things you’ll want to do first. When looking for over 50s insurance policies you can use the dedicated online calculators that are made especially to show what levels of cover are available at the various premium amounts. First of all, you’ll be asked to fill in your age and your gender. Engage Mutual also offer different rates for smokers and non-smokers. Once you’ve entered these things into the tool, you’ll need to add what level of cover you want or the premium you wish to pay – then simply hit the button and the calculator will show the appropriate quote. You can then decide whether you wish to obtain further information and proceed or get another quote.

Please remember that this is not a savings plan and will only pay out when you die. You may pay more in premiums than the plan would pay out on death; this depends on how long premiums are paid for.

The Engage Mutual over 50s age of happiness research questioned 1,479 adults, aged 50 and over and the full details of the study can be found here.