These materials are intended for use by Financial Advisers only

OneFamily Adviser

Over 50s Life Cover

Like everyone else, we offer guaranteed acceptance without a medical but there's much more to our Defaqto 5 Star Rated Over 50s Life Cover.

defaqto 2019 logo

Your customers could win £1,000 in our monthly prize draw. If your customer took out a OneFamily Over 50s Life Cover policy from 17 October until 31 December 2019, they will be in with a chance of winning £1,000. The draw dates are 5 February, 4 March and 15 April 2020.

Find out more and read the T&C's

OneFamily Over 50s Life Cover

Our Over 50s Life Cover is a whole of life pure protection life insurance policy that pays out on death, terminal illness or serious illness, after a qualifying period. We also provide additional benefits to support our policyholders throughout their lives and in particular when they may be unwell or bereaved.

Our policy is designed to meet the needs of people aged 50-80, who do not have funds to pay for their funeral or are unable to leave a gift to their family or loved ones when they pass away.

Who is our Over 50s Life Cover designed for?

We want you to understand who we have designed this product for and the customer needs this has been based on.

Our Target Market

Product Features and Benefits

  • Guaranteed acceptance without the need for a medical
  • Full cash sum payable after 2 years
  • Maximum total sum assured across all plans with OneFamily £20,000 or £10,000 for those aged 59 or under
  • Premiums cease at age 90 but cover continues for the remainder of the policyholder's life
  • Option to nominate beneficiaries
  • Fixed monthly premiums, starting at £10 per month, which will not change throughout the life of the plan. Maximum premiums across all plans with Onefamily £75
  • Additional benefits : care advice, will writing, health support, legal advice and bereavement advice
  • Funeral Funding Option is available click here to find out more

Please see the Policy Summary and Terms & Conditions for full details

We also pay out on diagnosis of Serious or Terminal Illness

Serious Illness Benefit:

Customers can claim 20% of their life cover when diagnosed with a listed serious illness after 2 years.

If a customer is faced with this diagnosis it's good to know that they can get access to part of their life cover at a challenging and difficult time.

Customers will still retain 80% of their sum assured which can be claimed if they're diagnosed with a terminal illness or on their death.

Terminal Illness Benefit:

Customers can claim 100% of their life cover when diagnosed with a terminal illness after 2 years, less any Serious Illness Benefit already paid, giving your clients the benefit of the policy pay out to help them manage through this period of their life.

As the policy has now paid out, cover will cease at this point.

Important information for your customer

What should be understood and accepted:

  1. If they die within the first two years of the policy the full cash sum will not be paid, unless this is due to an accident when they will receive accidental death benefit
  2. Depending upon how long they live, they may pay in more premiums than the amount of the cash sum that will be paid out on death, terminal or serious illness
  3. Inflation may significantly reduce the buying power of the cash sum paid out
  1. The policy is not a funeral plan and may not fully cover the cost of their funeral and associated expenses
  2. If any premiums remain unpaid for more than 30 days, cover will cease and no premiums will be returned.
  3. This is not a savings or investment product and therefore the policy has no cash value, unless a valid claim is made.

Additional Services included with the Over 50s Life Cover

At OneFamily we always have your customer's best interests at heart. With our Over 50s Life Cover, they can benefit from additional free product options, including:

Over 50s Life Cover Product Support

Click below to find our sales support tools for our Over 50s Life Cover and how it can benefit your customers.

Frequently Asked Questions

Funeral Costs Calculator 

Use our interactive calculator to show your customers the average cost of a funeral.


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Contact the team


Over 50s sales support:
[email protected]


Over 50s sales support:
0808 100 5075*

*Open 9am - 6pm, Monday to Friday. All calls may be recorded for security and training purposes. Calls are free from UK landlines only.


Over 50s sales support:
16-17 West Street,
Brighton, BN1 2RL