FRIENDS LIFE INSURANCE
Friends Life was launched following the merged UK life operations of 3 companies - Friends Provident and the life assurance businesses acquired from Bupa & AXA UK.
In 2010 AXA agreed to sell its life assurance arm to Resolution, be held by Friends Provident & rename it Friends Life. They then also bought Bupa's Life Insurance protection operations.
Friends Provident had been trading since 1832. Axa Life Insurance was set up following the merger of Axa Equity & Law and Sun Life, and purchase of Winterthur Life. BUPA Life Insurance was part of the BUPA Insurance Group.
The new Friends Life was finally launched in 2011 - with over 5 million customers worldwide. Their UK Life & Pensions business marketed a range of products for customers and affinity clients like Tesco, John Lewis & Greenbee. In 2015 Friends Life became part of Aviva Group.
Looking in 2019 to compare old or new Friends Life Insurance products.
FRIENDS LIFE INSURANCE - PRODUCT REVIEW
Old Axa Friends Life, Winterthur Friends Life, BUPA Friends Life and Friends Provident Friends Life may no longer available for new UK protection business; However, you maybe able to amend or adjust your existing insurance policy by contacting either Friends Life or Financial Adviser.
Designed to cover a repayment mortgage on death or terminal illness as it decreases during the plan term.
WHOLE OF LIFE INSURANCE COVER
A whole of life policy that will always payout whenever death may occur. Premiums maybe reviewable.
Offering family protection if the policy holder dies or is diagnosed with a terminal illness during the term.
FRIENDS LIFE CRITICAL ILLNESS
Helps ease financial worries if you or your children are diagnosed with a critical illness as specified by Friends Life Insurance.
INCOME PROTECTION - PHI Cover
Providing security by way of an income if you are off sick or have an accident or disability.
MORTGAGE ACCIDENT SICKNESS REDUNDANCY
Protect your mortgage payments & bills if off sick, have an accident or lose your job.
Offering company protection for a key person, loan or share protection or an employee dies, is diagnosed with a critical or terminal illness during the term.
FRIENDS 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 endowment interest only mortgage loan.
Review on: Friends Life Insurance ~ for more information visit www.friendslife.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.)