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0800 888 6195 We're open 7 days a weekTheir over 50s policy is designed to provide some peace of mind at a very difficult time by helping pay towards the cost of your funeral. If you are a UK resident aged between 50 and 80, then you’re guaranteed to be accepted, as no medical tests are required.
Over 50s life cover with OneFamily is a policy that gives cover for the whole of life, and will pay out in the event of terminal illness or death, subject to meeting the terms of the qualifying period.
Acceptance is guaranteed as long as you're a UK resident aged between 50 and 80 years old.
You won't have to pay for your cover once you reach age 90, but your cover will continue for life.
If you die after two years of starting
your policy, this is what your family will get:
toward your funeral, provided by Golden Charter
Payable after death.
If you’ve been given a terminal diagnosis with 12 months to live
For you and your family
Unlike similar products on the market, OneFamily's Over 50s Life Cover offers terminal illness benefit as standard, after the policy has been in place for two years.
Provider | Payout | Premiums payable until | Terminal illness included as standard | Separate rates for smokers/ non-smokers |
---|---|---|---|---|
OneFamily | £5,378 | Age 90 | ||
Sunlife | £4,714 | Death | ||
Aviva | £4,863 | Age 90 or 30 years (whichever is sooner) | ||
Royal London | £4,936 | Age 90 | ||
Legal & General | £4,381 | Age 90 |
The figures in the above over 50 life cover comparison are for a 60 year-old non-smoker, whose premium is £20 a month. This table is designed to compare levels of cover that may be available. It is not a comprehensive comparison of all product benefits.
All information is correct as at 03/02/2020.
The qualification period is two years.
This means that the main policy benefits cannot be claimed if something were to happen in the first two years of your policy.
If your death is accidental within the first two years of starting your policy, your policy will pay out 300% of the sum assured up to a maximum of £48,000.
If you have a non-accidental death, your estate will receive 150% of the amount you have paid.
No. With OneFamily, your premiums will never increase as you celebrate more birthdays or if you were to become ill.
In fact, when you reach 90, your payments will stop but your cover will continue!
Yes: Practical, emotional and health support will be available to both you and your family to help and support you through difficult circumstances. (These services are subject to change or withdrawal at any time).
OneFamily is covered by the Financial Services Compensation Scheme (FSCS). FSCS protects customers by entitling them to compensation (if they lose money) when an authorised firm is unable to pay claims or what they owe, due to ceasing trading and where they have declared in default.
Get a free Avanti travel insurance voucher with every life cover policy bought. The voucher you’ll be sent will depend on how much you’ve agreed to pay in life cover per month.
Monthly Premium Range | Voucher Credit Value |
---|---|
£10 to £19 | £50 |
£20 to £25 | £75 |
£26 to £30 | £100 |
£31 to £35 | £125 |
£36+ | £150 |