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Article on: WOOLWICH LIFE Insurance ~ Broker Help

WOOLWICH LIFE INSURANCE The Woolwich plc is a former building society, converting to bank status in 1997. Shedding its mutual status, The Woolwich building society went public on the London stock exchange FTSE 100 index. In the past, Woolwich Life insurance policies were sold as their own life insurance products mainly to their customer base. They were also tied to Royal Sun Alliance for endowment sales in late 80's before it stopped selling endowment mortgages as the market moved from endowments to repayment mortgages.  In 2000 Barclays Life and Woolwich Life operations [which in the past had a joint venture with Sun Alliance, merged when the bank bought Woolich building society. In 2001 however Barclays Financial Services announced that it would close its life insurance division. The bank, whilst maintaining Woolwich Life existing policies, would divert new life assurance business instead to Legal & General. In 2008 Swiss Re, the world's largest reinsurer, agreed to buy Barclays Life, for £753 million. In the 2006 they announced a tie up with Standard Life to sell certain pension term life policies under the Barclays brand. Rather than sell Legal & General life insurance today, Barclay Financial planning now has a multi-tie capability life assurance across the Uk and in 2012 includes distribution via their Direct Salesforce across the Barclays branch networks to personal & business customers. Old Woolwich Life assurance product range included Life cover, endowments, decreasing (mortgage protection) or level term assurance, Life with Critical Illness.   Looking in 2012 to compare WoolwichLife insurance policies against other Uk Insurers > Need a Competitive Life or Critical Illness Insurance Quote ? Article on:Woolwich Life Insurance ~ for more information visit. www.barclays.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

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