Scottish Life Insurance

 

      SCOTTISH LIFE INSURANCE

Scottish Life Assurance Co is an Edinburgh based mutual society founded in 1881 and became a mutual in 1968.

Scottish Life was once one of Britains largest mutual insurers selling both protection, pension, savings & investment products. They were once also a major force in the mortgage protection market place with brokers but then slowly disappeared as the mortgage market moved from endowment to repayment mortgages. 

In 2001 the Royal London Group won a bidding war against Liverpool Victoria LV= to purchase Scottish Life Assurance when they also demutualised.  The products were then rebranded into the growing Royal London Group portfolio - whose head office is currently based in Wilmslow Cheshire. 

Although Royal London Group offers new protection business, you maybe able to amend or adjust your existing old Scottish Life policy by contacting either Royal London or Independant Broker.

  Looking in 2017 to compare old Scottish Life Assurance products. 

SCOTTISH LIFE ASSURANCE - PRODUCT REVIEW

MORTGAGE PROTECTION 

Designed to cover a repayment mortgage on death or critical illness as it decreases during the plan term.

WHOLE LIFECOVER 

A whole of life policy that will always payout whenever death may occur. Premiums maybe reviewable in the future.

LIFE INSURANCE

Offering family protection if the policy holder dies or is diagnosed with a terminal illness during the term.

OVER 50'S LIFECOVER 

no medical evidence over 50's whole life insurance policy to always payout whenever death may occur perhaps for funeral costs - but only after an initial period. Has a protected payout period halfway through plan ensuring at least half cash sun payout.

Scottish Life Royal London - Get Free Quotes

CRITICAL ILLNESS COVER  

Helps ease financial worries if you are diagnosed with a critical illness as specified by Scottish Life Insurance.

INCOME PROTECTION

Providing security by way of an income if you are off sick or have an accident or disability.

SCOTTISH LIFE ENDOWMENT POLICY 

Offering protection if the policy holder dies or is diagnosed with a critical or terminal illness during the mortgage plan term; designed to provide a lump sum at the end to be used usually toward repayment of an interest only mortgage loan.

Compare Scottish Life Insurance Quotes against other Insurers 

Compare Scottish Life - Royal London Life Assurance Cover
 

Article on: Scottish Life Insurance ~ for more information visit www.royal-london.co.uk *

( * Note: You are now leaving the regulated site of Uk Life Insurance Quotes. Neither ourselves, nor Sesame Ltd, is responsible for the accuracy of the information contained within the linked site.)

FOR PROTECTION PRODUCTS WE USUALLY OFFER FROM A LIMITED PANEL OF PROVIDERS
For products with an investment element we will introduce you to an authorised adviser

Royal London Scottish Life

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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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