Shepherds Friendly Over 50 Life Insurance offers & cashback

Up to £250 cashback

Shepherds Friendly Over 50 Life Insurance offers & cashback

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Online cashback rates

£250 cashback

for a genuine new Over 50s Life Insurance policy with a monthly premium from £45.00 - £50.00

£150 cashback

for a genuine new Over 50s Life Insurance policy with a monthly premium from £30 - £44.99

£100 cashback

for a genuine new Over 50s Life Insurance policy with a monthly premium from £20 - £29.99

£50 cashback

for a genuine new Over 50s Life Insurance policy with a monthly premium from £10 - £19.99

Last updated

What will stop me earning cashback?

  • Cashback can take up to 180 days to be approved from the date the first premium is received and should become payable after 210 days.
  • If you apply for a plan in monthly instalments, your deposits must remain the same for you to be eligible for cashback. If you reduce or stop paying your premiums, your cashback may be reduced or you may become ineligible to receive cashback.
  • To qualify for the cashback offer you must be a completely new Shepherds Friendly customer, i.e. not hold any investments or accounts with them already (or previously).
  • If applying for a plan by monthly instalments, you will need to make at least 6 monthly deposits before you become eligible for cashback.
  • If you have deposited a lump sum amount on either the Junior ISA or Stocks and Shares ISA, your investment must remain invested for at least 3 months to qualify for the cashback offer.
  • Cashback will not be paid if the policy has been cancelled
  • Cashback will not be paid in conjunction with any other offer, voucher or discount code unless listed on this page, or with any other discounts such as staff or student discounts
  • Cashback may not be paid on VAT, delivery, card payment fees, taxes or any other additional charges

Good to know

  • Cashback can be earned simply by clicking through to the retailer and shopping as normal
  • Cashback is available on genuine, tracked purchases completed immediately and wholly online
  • Purchases at this merchant should appear as pending within 24 hours. They will remain at this status until the retailer confirms the purchase is eligible for cashback. Once this happens your purchase will reach the ‘confirmed’ status on your account
  • The vast majority of transactions from retailers track successfully, occasionally a transaction may not get reported. If you believe this to be the case, please submit a "Missing Cashback" claim within 45 days of the transaction
  • Cashback may initially track at a lower or higher rate and update to the correct rate on confirmation
  • Cashback is not issued by the retailer. If you have any queries regarding cashback or payments, please contact Customer Support directly and not the retailer
  • Even though we do our best to keep the information on this page up-to-date, it may be out of date from time to time
  • The vast majority of retailers do pay cashback on the full basket price, occasionally some may only pay cashback minus VAT, delivery charges, card payment fees, surcharges, taxes and any other additional charges
  • If you purchase products across multiple cashback rates in one session, the lowest rate will track against the full 'basket' amount
  • Cashback will only track if the retailer can track your purchase to us. This means that you must click the 'Get Cashback link', go straight through to the retailer website and make the purchase in the same session without exiting your internet browser
  • The retailer reserves all rights to take action (including legal action) as is considered necessary in its sole discretion in order to prevent or redress any fraudulent or otherwise unlawful use of their website
  • The cashback offered is only available as shown at the time and the retailer reserves the right to withdraw their offering at any time
  • Cashback rates are subject to change and may increase or decrease at any time
  • All policies are run through extensive validation checks and cashback will only be paid on valid policies. The eligibility is checked 90 days after the policy start date
  • This offer is only available to United Kingdom residents who have purchased a valid insurance policy through the retailer
  • Cashback will only be paid for a maximum of one purchase per account within a 12 month period

More about Shepherds Friendly Over 50 Life Insurance

Shepherds Friendly is one of the oldest financial mutuals in the world, and has been looking after family finances since 1826.


They have a range of investment plans for children and adults, income protection, and life insurance for over 50’s. Their Over 50s Life Insurance offers guaranteed acceptance with no medical questions to answer, and you can get covered from £10 per month, with an option to receive a further £250 of funeral benefit. 



"If you stop paying into the plan, your cover will end and there will be no cash in value. Cover does not start until the second anniversary of your first premium, unless you die  as a result of an accident. If you live long enough, the total premiums you have paid may be greater than the amount payable on death. Additionally, although your tax-free cash lump sum is fixed, it may lose value over time due to the effects of inflation"