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London Life Insurance Uk

LONDON LIFE INSURANCE

Based now in Peterborough, London Life was founded in 1806 and was one of the worlds oldest mutual insurers. Over the next 200 years, London Life evolved to become a popular provider of Uk life insurance and financial services provision.

In 1990, they were taken over by Australian financial giant AMP, then reportedly the largest takeover of a British financial institution by an overseas organisation. In 2003, Amp Pearl, Amp NPI and Amp London Life were de-merged from AMP to become part of a new UK company called HHG.

In 2004, the HHG board accepted an offer for Pearl, NPI and London Life. In 2005, the 3 companies became part of the newly formed Pearl Group Limited. Pearl's primary focus is to no longer seek new business but look after over £10 billion of assets in closed life funds on behalf of its 2 million policyholders.

In 2008 Pearl Group Ltd acquired Resolution Phoenix Life Group which includes administration of plans from Scottish Provident, Scottish Mutual, Phoenix, Crusader Insurance, Royal Sun Alliance, Swiss Life, Britannic Assurance, Cornhill & Alba Life formally Britannia life. In 2009, the proposed merger of Friend Provident Uk & Resolution was finally agreed subject to regulatory agreement.

Once LondonLife Insurance was a player in the mortgage protection market place but then slowly disappeared from selling protection as the mortgage market slowly moved from endowment to repayment mortgages. 

London Life is now only open to increases to existing contracts from existing clients, as they closed to new business in 1995. The old London Life UK products included personal protection cover, mortgage protection & term assurance
 
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Article on: London Life Insurance ~ for more information visit london-life.com *
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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.

By completing our no obligation quotation request form, you may be provided in seconds 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. 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

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