Partnership Assurance ("Partnership") was formed in 2005, following the demutualisation & management buy out of the Pension Annuity Friendly Society (PAFS).
PAFS was established in 1995 and was the UK's first writer of impaired or enhanced annuities. The acquisition by Partnership marked the first ever demutualisation of a UK friendly society.
Since this acquisition, Partnership Assurance business grew substantially.
They became recognised as one of the UK leading providers of financial products for specialist health conditions, underwriting people with various medical issues.
In 2016 they merged with Just Retirement to be a part of JRP Group and then mainly withdrew from the protection market.
Partnership old plans covered currently 4 main areas - pension retirement annuities, care fees plans, protection and equity release through their sister company Partnership Home Loans.
Distribution was mainly via independant brokers & intermediaries as well as the web.
PARTNERSHIP LIFE INSURANCE - OLD PRODUCT REVIEW
PARTNERSHIP MORTGAGE PROTECTION
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 in the future.
PARTNERSHIP LIFE INSURANCE
Offering family protection if the policy holder dies or is diagnosed with a terminal illness during the term.
PARTNERSHIP FAMILY INCOME BENEFIT
Offering income rather than a lump sum if the policy holder dies or is diagnosed with a terminal illness during the term.
INHERITANCE TAX LIFE INSURANCE COVER
Protecting your Estate using various tax planning tools including Gift Inter Vivos Insurance.
Article on: Partnership Assurance ~ for more information visit partnership.co.uk * or justgroupplc.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 RANGE OF PROVIDERS