OneFamily is a relative newcomer to the insurance business, being founded in 2015. It is a mutual society, meaning no shareholders, which provides a variety of financial services, including child trust funds as well as life insurance.
What types of life insurance do OneFamily offer?
OneFamily over 50s life cover
For people between the ages of 50 and eighty, OneFamily’s life insurance scheme guarantees acceptance for a policy without the need for a medical or physical examination.
This is a whole of life policy, with a payout made when you die as long as you have paid your premiums.
For more information or to compare quotes, read our guide on over 50s life insurance.
Standard terminal illness cover
Unlike most other insurance providers, terminal illness cover is included with the basic life insurance package as standard. This is usually an add-on with other companies, and provides you with a payout if you are diagnosed with a terminal illness after two years of starting your policy.
Funeral funding
Again, usually an extra for policies with other providers, included in standard life insurance policies is funeral funding. This is provided by Golden Charter, who will choose a funeral director for you and contribute £300 towards the costs of the funeral.
Why choose OneFamily?
- You will not need to continue paying premiums once you reach 90 years old, but the cover will continue for the rest of your life
- Guaranteed acceptance for over 50s
- Free health support by RedArc, offering treatments such as physiotherapy, as well as free emotional support
Click here to compare life insurance quotes with Money Expert.