OneFamily Adviser

OneFamily becomes Beagle Street’s insurer OneFamily has become the insurer of all new Beagle Street, Budget and Virgin Money term life insurance and critical illness policies. The move is the next stage in the integration of the two businesses, following Beagle Street’s acquisition by OneFamily at the end of last year. This change is a shift for Beagle Street, which previously acted as a distributer of another insurer’s products. Bringing the distribution and insurance elements under the OneFamily umbrella will see both businesses coming together to form a direct insurer. This will mean a more agile and cost-efficient business offering innovative, competitive products that align closely with OneFamily’s socially inclusive ethos. Alistair Rose, Managing Director of Beagle Street said, “This is the first step in an exciting growth strategy for both Beagle Street and OneFamily’s life and critical illness businesses that will focus on product development and the expansion of our distribution channels." “This change, along with the ongoing modernisation of our technology, will see Beagle Street significantly growing its footprint and market share, and providing more customers access to life insurance.”

OneFamily are one of the largest mutual societies in the UK, with over 20 years’ experience in the Over 50s market. Our Defaqto 5-Star Rated Over 50s life cover offers: • Terminal Illness cover - 100% of the life cover can be claimed if diagnosed with a terminal illness. • Funeral Funding Feature - Funeral Funding is included as standard and provided through Golden Charter, who will allocate a local funeral director who will add a £300 contribution. • Premium Flexibility - Your customer may be able to reduce their premium as long as they have held the policy for at least four years. The benefit will reduce and minimum premiums apply. • RedArc support services - Free practical, emotional and health support (including a Personal Nurse Adviser) for customers and their families, available immediately. Monthly premiums range from £10 to £75, for 50 to 80 year olds, with premiums ceasing at age 90. Our Telephone Account Managers are on hand to support with any queries you may have in relation to our Over 50s life cover or registering with OneFamily as an intermediary. https://lnkd.in/eBmnCTQ4