The Retirement Insurance Advisory Service (RIAS) has produced a low cost motor policy for older motorists.

Up to £50,000 worth of legal expenses cover can be added to the policy for £12.50, compared to the market rate of £40.

There is no upper age limit to the policy, which is intended for people aged 50 or over.

Cover is offered to disabled drivers who hold a full licence. Company car drivers can also transfer any no claims bonus they have built up.

The policy also includes up to £5,000 of personal accident cover. Existing policyholders have an automatic right to renew.