One Family Over 50 Life Insurance Review

  • tick iconPremiums start from £8 a month

  • tick iconFlexibility to claim the full cash sum if you become terminally

  • tick iconFlexibility to claim 20% of your cover if you become seriously ill

Compare over 50 life insurance plans

The One Family Over 50s Life Cover plus plan is a whole of life insurance plan that works in a similar way to other over 50 plans on the market but with a few exceptions.

In addition to guaranteeing to pay a cash lump sum when you die, you get the option to claim the full amount in the event of a terminal illness or 20% if you become seriously ill.

The One Family Over 50 Life Insurance Review is a guide to help you understand the features and benefits of the plan, options available and things to consider. Do make sure you read, understand and are happy with the terms and conditions of any plan you decide on

Why Choose One Family Over 50s Life Cover Plus

  • tick iconWhole life insurance that is guaranteed to pay out a cash lump sum on death

  • tick iconGuaranteed acceptance with no medical or health questions

  • tick iconFlexibility to claim 20% of the cover if you become seriously ill

  • tick iconCash payout is tripled if death is due to an accident

  • tick iconPremiums from £8 to £75 a month

  • tick iconFull cover after 2 years - if you die within this initial period 150% of your premiums would be refunded

  • tick iconAccess to One Family Support Services

  • tick iconMonthly premiums stop when you reach 90 but cover continues

  • tick iconNon smokers are rewarded with higher levels of life cover

  • tick iconUK residents between the ages of 50 and 80 are eligible

  • tick icon5% discount when you buy online

Free Funeral Benefit Option

The One Family Funeral Funding option is an additional free service that gives you the chance to increase your level of life cover by a further £300, in return for your agreement that when the time comes, the cash sum will be paid directly to Golden Charter as payment towards your funeral expenses.

Do keep in mind that your family may still need to help with funeral costs when the time comes; it all depends on the size of the cash sum paid out. If however the cost of the funeral is less than the cash sum, the outstanding balance will be paid to your estate.

Things to consider

The cash sum paid out is fixed so inflation will reduce its value over time

If you stop paying your premiums, the cover will cease and no money will be paid out

The cash sum usually forms part of your estate and therefore could be subject to inheritance tax

There is a chance you could pay in more than the cash sum paid out; it all depends on how long you live

You wouldn’t be covered for the full cash sum if you died within the first 2 years, however 150% of the premiums paid would be fully refunded

One Family Partners

One Family provide the over 50 insurance plans for Staysure, the Over 50s insurance and financial services specialists. Details online are limited and plans are purchased over the phone.

Additional One Family perks

When you buy a One Family Over 50 Life Cover Plus Plan you have free access to a range of support services which includes care advice for the elderly, advice on Will writing, bereavement and legal matters and the One Family Health Support Service; support and advice following the diagnosis of a serious or terminal illness.

Compare more life insurance quotes over 50 Get a Quote

one family over 50s life insurance

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One Family is the new name for Engage Mutual, so if you have an existing life insurance plan and wish to contact them please use these details:

Customer Services
16-17 West Street

Telephone 0800 085 0400

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