Your Over 50’s Life Cover and Coronavirus

Over the past few weeks we have been asked by a number of our customers how the coronavirus may affect their existing policy with OneFamily.

I hope the following information gives you the reassurance and information you are looking for in these extraordinary times.

If your policy was taken out more than 2 years ago, then you are fully covered and we will pay every death claim, including any of those resulting from coronavirus.

If your policy was taken out less than 2 years ago, we will pay three times the sum assured should you die from an accident. If you were to die for any other reason (including coronavirus), we would refund 150% of the premiums you had paid.

If your policy was taken out more than 2 years ago and has serious illness, subject to the existing conditions, we will continue to pay out 20% of the total sum assured upon diagnosis of a covered condition. Please note that viruses, including Coronavirus/COVID-19, are not covered under Serious Illness cover. Please refer to your terms and conditions for a full list of the conditions covered.

If your policy was taken out more than 2 years ago and has terminal illness included and you have been diagnosed with less than 12 months to live, we will pay out the full sum assured.

Thank you again for choosing OneFamily for your Over 50’s Life Cover and please stay safe.