ABBEY LIFE INSURANCE
Abbey Life Assurance Company Limited was founded in 1961 & its head office is in Bournemouth. Rapid growth in the 1980's when a merger was agreed whereby Lloyds Bank became the major shareholder. In 1996 the company became a wholly owned subsidiary of Lloyds TSB Group. Abbey Life Insurance had previously purchased various companies & now administers policies for - Target Life, London & Edinburgh Life, Ambassador Life & Hill Samuel Life.
Abbey Life was never been fully integrated into Lloyds TSB own life assurance company, Scottish Widows but operated largely as a stand-alone business entity.
Previously, Abbey Life operated in all sectors- Investment, Pensions, Insurance & Protection via either brokers or their own direct salesforce. However, in year 2000 Lloyds Abbey Life closed to new business & their direct salesforce was sold to Allied Dunbar part of the Zurich group.
Abbey Life Assurance Company since 2016 is now part of Phoenix Life Group.
ABBEY LIFE INSURANCE - PRODUCT REVIEW
Although no longer available for new UK protection business, you maybe able to amend or adjust your existing Abbey life policy by contacting either Phoenix Life customer services or via an Independant Broker.
ABBEY LIFE - WHOLE LIFE COVER
A whole of life insurance policy that will always payout whenever death may occur. Premiums maybe reviewable in the future - Abbey Life Covermaster.
MORTGAGE PROTECTION - Decreasing Mortgage Protection
Designed to cover a repayment mortgage on death or optional critical illness as it decreases during the plan term - Abbey Covermaster.
ABBEY LIFE INSURANCE - Level Term Insurance
Offering family protection if the policy holder dies or is diagnosed with a terminal illness during the term. Plan can be guaranteed or reviewable premiums - Abbey Covermaster.
ABBEY LIFE CRITICAL ILLNESS - Level Term or Decreasing Cover
Helps ease financial worries if you are diagnosed with a critical illness as specified by Abbey Life Assurance - Abbey Covermaster.
INCOME PROTECTION - PHI Level or Increasing Cover
Providing security by way of an income if you are off sick or have an accident or disability.
BUSINESS PROTECTION - Level Term or Decreasing Cover
Offering company protection for a key person, loan & share protection or an employee dies, is diagnosed with a critical or terminal illness during the term.
OVER 50'S LIFECOVER
A no medical evidence policy that always payout whenever death may occur but only after an initial period.
ABBEY LIFE ENDOWMENT POLICY - Life or Critical Illness Cover
Offering protection if the policy holder dies or is diagnosed with a critical or terminal illness during the plan term; designed to provide a lump sum at the end to be used usually toward repayment of an Endowment interest only mortgage loan - Abbey Covermaster or Abbey Wealthmaster.
Article on: Abbey Life Assurance ~ for more visit www.abbeylife.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
This website is intended for UK consumers & any information contained therein is for Generic Guidance only and is not to be construed as advice.
By completing one of our no obligation quotation request forms, you may be provided with comparison protection quotes, key facts from leading Providers - based just on the basic information you have provided. Note: These quotes will not take account of any personal, health or lifestyle issues unless a full application is completed. You also consent for us to then kindly contact you by phone - where we may offer Professional Broker help & guidance if needed. We may as appropriate then help to arrange a suitable protection policy based upon your own circumstances & needs after a further review by "advice & recommendation". This will usually be on a non face to face basis.
For products with an investment element we will introduce you to an authorised adviser. We act as introducers for Accident, Sickness and Unemployment and Mortgage Payment Protection Insurance plans. 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. https://www.financial-ombudsman.org.uk We nominate to fundraise for Great Ormond Street Hospital Charity.
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 IDD
Here at Uk Life Insurance Quotes we take your privacy seriously. Subject to GDPR rules 2018 - We will only use your personal details provided to help provide & arrange the various products & services you have requested via us as brokers. We are registered to comply with the 2018 General Data Protection Regulation GDPR / Sesame re GDPR. Personal information is secure online, not misused or sent via spam. T&C:Cookies