GENERAL ACCIDENT LIFE ASSURANCE
General Accident Insurance Company was founded in 1885 in Scotland. In 1996 General Accident acquired Provident Mutual (established 1840) - a significant milestone in the development of its life and pensions business. In 1998 General Accident [GA Life] and Commercial Union merged to form CGU plc. General Accident used to have alliances to sell their insurance products to the customers via Estate Agents like Your Move, various Banks & Building Societies as well as via brokers. General Accident Life Company was also once a major force in the protection market place with its direct sales force.
In 1995 Provident Mutual merged with General Accident & in 1996 their name changes to Provident Mutual Life Assurance Ltd until dissolved 2003. In 2000, Norwich Union merged with CGU, which itself was formed from the merger of General Accident and Commercial Union in 1998. Upon merging they formed CGNU Life Insurance Group which went on to become the Aviva group. In 2007 Aviva completed the acquisition of Hamilton Insurance from HFC Bank plc , a subsidiary of HSBC Finance Corporation. In 1997, Norwich Union had demutualised and floated as a PLC on the Stock Exchange. In 2008, they rebranded as Aviva Life Insurance.
Today you cannot purchase General Accident life assurance products anymore but old plans may still serve customers and are adminstered via Aviva. In 2013 Aviva offers a wide range of protection products - Life cover, decreasing (mortgage protection) or level term assurance, Life with Critical Illness, Children's Critical Illness, Income Protection and Un-Employment cover.
Looking in 2013 to compare old GeneralAccident Life Insurance or Norwich Union Life Insurance against other Uk Insurers
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Article on:General Accident Insurance ~ for more information visit.www.aviva.co.uk*
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FOR PROTECTION PRODUCTS WE USUALLY OFFER FROM A LIMITED PANEL OF PROVIDERS
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