Over 50s Life Cover

Look after your loved ones with our simple, affordable life insurance for those over 50

  • Affordable cover from
    £10 per month

  • 5* Defaqto rating
    The highest rating you can get

  • No medical exam
    Guaranteed acceptance for UK residents aged 50-80

  • Terminal Illness and Funeral Funding built in

About our Over 50s Life Insurance

What is Over 50s Life Cover?

Our over 50s life insurance policy is designed to give you and your loved ones peace of mind at a very difficult time, by helping pay towards the cost of your funeral. Read our FAQs 

Terminal illness cover as standard

Unlike similar products on the market, OneFamily's Over 50's Life Cover offers terminal illness benefit as standard, after the policy has been in place for two years. 100% of life cover paid in the event of a terminal diagnosis after two years.

Additional support services

Free practical, emotional and health support for you and your family, provided by our trusted partners RedArc and Co-op. Please note these support services are available immediately, but are subject to change or withdrawal at any time.

Award-winning Cover

Defaqto 2021 award: Five stars for Over 50s Life AssuranceOneFamily are delighted to have been awarded the 2021 What Mortgage Award for Best Life Insurance Provider.

Funeral Funding

Funeral Funding is included in the policy, unless you opt out, and is provided by Golden Charter. It allows for the proceeds of your policy to be paid to the funeral provider. Golden Charter will allocate a local funeral director who will add a £300 contribution towards the cost of the funeral. If you choose a direct to cremation funeral, the £300 contribution will not apply.*

Guaranteed acceptance

Acceptance is guaranteed without the need for a medical examination, and cover is available to any UK resident between the age of 50 and 80 years old (subject to sum assured and premium limits).

We have a 5* Defaqto Rating

Defaqto 2021 award: Five stars for Over 50s Life AssuranceDefaqto is an independent financial information business, helping consumers make better informed decisions. Their experts have done all the hard work so that consumers can make better informed decisions.

*A direct to cremation funeral means any cremation where there is a direct disposal service only and therefore no funeral service, funeral procession (or other services such as family viewing, limousine(s), embalming or delivery of ashes) and where the cremation is arranged at a crematorium at a date and time chosen by the allocated funeral director and without anyone attending other than the funeral director's staff.

Find out the average cost of a funeral in your area and get a free policy quote

Our funeral calculator shows the average costs of burials and cremations in your area and how these prices could rise over the years.

Your funeral type

  • Burial
  • Cremation

Funeral location

  • North West
  • North East
  • Midlands
  • South West
  • South East
  • South West
  • Yorkshire Humberside
  • East Anglia
  • Scotland
  • Northern Ireland
  • Wales

Are you a smoker?

  • Smoker
  • Non-smoker

Your age is...

  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80

The cost of your

Based on the projected cost of a
in in 2036.

How much we'll pay out

Based on a sum assured amount for a year old paying £21 per month

Get your free personalised Over 50s Life Cover quote and apply online - it only takes 10 minutes

Get my free quote

Did you know that we offer Funeral Funding as standard with our Over 50s Life Cover policies? This means you could get an extra £300 towards the cost of a funeral. Find out more about Funeral Funding.

*These costs are based on an assumed 4% annual rate of increase in funeral costs per year. The estimate average cost provided should not be relied upon to estimate the precise cost of a funeral. A Study into UK Burial and Cremation cost by Trinity McQueen, March 2017.

See how we compare

Provider Pay out Full life cover payable after Premiums payable until Terminal illness benefit included as standard Separate rates for smokers and non-smokers
OneFamily £5,217 24 months Age 90

Sunlife £4,714 12 months Death

Aviva £4,721 12 months Age 90 or 30 years (whichever is sooner)

Royal London £4,723 12 months Age 90

Legal & General £4,898 12 months Age 90



The figures in the above Over 50s Life Cover comparison are for a 60 year-old non-smoker, whose premium is £20 a month. This table is designed to compare levels of cover that may be available. It is not a comprehensive comparison of all product benefits.

All information is correct as at 04/08/2021.

Get your free quote

Before you take out a policy

  • You won't have to pay for your cover once you reach age 90 but your cover will continue for life.
  • If you stop paying premiums before age 90, the cover will cease and you won't be entitled to claim any money back.
  • The cash lump sum on death normally counts as part of your estate and so may be subject to inheritance tax.
  • You could pay out more money in premiums than the policy pays out.
  • Our Over 50s Life Cover is not a savings plan and has no cash-in value.
  • Funeral Funding, provided through Golden Charter, is not a Funeral Plan, so may not cover the full cost of your funeral. If you are considering a direct to cremation funeral, please note the £300 contribution will not apply.*
  • Due to inflation, any amount paid out may not buy as much in the future as it would now.

Please read our Policy Summary, Terms & Conditions, Funeral Funding flyer and Our Insurance Services Leaflet


Give your family peace of mind and get a quote today

Get your free quote

You can also apply over the phone by calling us free on:

0800 028 1112*

We’ll be here from 9am to 5.30pm Monday to Friday.

*We might record your call to help improve our security and training. We hope you don’t mind.
Calls are free from UK landlines and mobile networks.