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First Direct - Life Insurance


FIRST DIRECT LIFE INSURANCE

First Direct was formed on 1989 by the Midland Bank, one of the "Big 4" banks in the UK. In 1992, it became a part of HSBC Group following the acquisition of Midland Bank. First Direct Uk is a telephone and internet based commercial bank with headquarters in Leeds and has over 1 million customers.

 The HSBC Group subsidiary companies also include: HFC Bank; Marbles; Beneficial Finance. Also joint ventures and contracts with more high street names, such as taking over Marks and Spencer Money on a partnership basis in 2004 and the John Lewis Partnership Card contract.

First Direct Life Insurance is via HSBC Life Insurance and was set up to mainly help provide life insurance for their personal customers via their online network. FirstDirect Life products have a multi-channel capability across the Uk & and in 2008 includes distribution via Direct Sales & Marketing and through the web but not via a Financial Adviser. 

1st Direct Life Insurance products include just Life insurance cover, decreasing (mortgage protection) or level term assurance & accidental death cover.

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Article on:First Direct Life Insurance ~ for more information visit www.firstdirect.com*
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This website is intended for UK consumers & any information contained therein is for Generic Guidance only and is not to be construed as advice. For protection products we usually offer from a range of providers. For products with an investment element we will introduce you to an authorised adviser. We may also introduce you to other selected professional partners for other protection or legal products as deemed appropriate. Online Dispute Resolution (ODR) - https://webgate.ec.europa.eu/odr/main/index.cfm?event=main.home.chooseLanguage. Financial Ombudsman. http://www.financial-ombudsman.org.uk We nominate to fundraise for Great Ormond Street Hospital Charity.

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