OneFamily named best over-50s life insurance provider

Posted in: Corporate

OneFamily has been named as the best life insurance provider for the over-50s in the prestigious What Mortgage Awards for the second year in a row.

The awards, which celebrate the very best businesses in the UK’s mortgage and associated personal finance markets, were voted for by consumers.

Paul Bridgwater, OneFamily’s Head of Insurance said, “We are delighted to receive this award, it’s made all the more special because it’s been voted for by our customers.

“We’ve worked hard to build a product that is affordable, but also provides a comprehensive benefits package, terminal illness cover and funeral funding as standard. It’s great to see that these features are valued by our customers.

Notes to Editors

About OneFamily

OneFamily is a customer-owned financial services company that offers lifetime ISAs, lifetime mortgages, junior ISAs, child trust funds, bonds and over 50s life cover.

We have 45 years’ experience of being a trusted provider of financial solutions, with 2 million customers and £7.3 billion in funds under management at the end of 2021.

We are the UK’s biggest child trust fund provider, holding over 25% of the market.

Supporting our members and their communities

As a mutual, OneFamily is owned by its members for its members – and doing right by them is at the heart of our business.

We don’t have shareholders to pay dividends to, so we reinvest our profits to provide quality products and services for the benefit of our members. OneFamily has provided more than £4.75 million in grants since 2015 through its personal and community-based funding initiatives – supporting over 390 great causes and improving the lives of more than 3,200 people through our individual grants. Our community funding has supported dementia charities, homeless projects and provided work for young people with learning disabilities as well as funding projects such as the renovation of swimming pools and parks.

OneFamily customers can also apply for a Young Persons Education Grant of up to £250 to help them or someone, aged 15-19, they care about. They can be used for study materials, to travel costs or a new laptop.

For more information on how we support our members see: