SWISS LIFE Insurance
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Article on: SWISS LIFE Insurance ~ Broker Help
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Swiss Life was a major player in the Uk protection marketplace since 1967 with brokers & intermediaries. Switzerland's biggest insurer, Swiss Life, however finally decided to exit the British insurance market after 36 years in 2003 as it sold its last UK operation. The US giant Unum Provident initially bought Swiss Life's UK income protection and critical illness division for an undisclosed sum. The firm has also stopped offering individual life insurance policies. In 2005, Resolution Life Group acquired Swiss Life UK which had closed to new business in 2003. Subsequently Resolution integrated the former Royal & SunAlliance UK life business (R&SA Life) and Swiss Life (UK) plc (Swiss Life UK) into one group called Phoenix Life Group (Phoenix). From 2005 all Swiss Life UK policies were re-branded to Phoenix Resolution's team to provide back up for old Swiss Life UK policies branded protection products. In 2008 Pearl Group Ltd acquired Resolution Phoenix Life Group which includes administration of plans from Scottish Provident, Scottish Mutual, Phoenix, Royal Sun Alliance, London Life, Britannic Assurance, Cornhill, NPI, & Alba Life formerly Britannia Life. In 2009, the proposed merger of Friend Provident Uk & Resolution was formally agreed subject to regulatory agreement. Swiss Protection products included Life cover, decreasing (mortgage protection) or level term assurance, Life with Critical Illness & Income Protection. FOR PROTECTION PRODUCTS WE USUALLY OFFER FROM A LIMITED PANEL OF PROVIDERS |
Swiss Life Insurance Company Review
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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. Subject to GDPR rules - 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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UK Life Insurance Quotes is a trading style of Martyn Spencer which is an appointed representative of Sesame Ltd which is authorised and regulated by the Financial Conduct Authority FCA. FCA Register No: 416331
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