SKANDIA LIFE INSURANCE
Skandia Life Assurance originally founded back in 1855 is a part of the Skandia group headquartered in Sweden. Skandia Life Uk Head Office is based in Southampton, Hants.
Skandia Insurance is part of Old Mutual Wealth ( part of Old Mutual ) and offered a range of protection, retirement & investment solutions to UK customers.
In 2014 they completely rebranded from Skandia in the Uk to their parent name, Old Mutual Wealth. In 2020, Old Mutual Wealth completed the sale of their business to ReAssure and rebranded.
Their Skandia Life Protect cover allowed the flexibility of customers to tailor their protection cover to suit their individual needs.
You can compare old Skandia Life Insurance products in 2020 either via contacting Reassure re Old Mutual Wealth or a Financial Adviser.
SKANDIA LIFE ASSURANCE - UK OLD PRODUCT REVIEW 2020
Designed to cover a repayment mortgage on death or critical illness as it decreases during the plan term.
SKANDIA WHOLE LIFE INSURANCE
A whole of life policy that will always payout whenever death may occur. Premiums maybe reviewable in the future. Maybe used for IHT planning or over 50's life insurance cover.
Offering family protection if the policy holder dies or is diagnosed with a terminal illness during the term which maybe fixed or rolling term.
SKANDIA CRITICAL ILLNESS INSURANCE
Helps ease financial worries if you or your children are diagnosed with a critical illness as specified by Skandia Life Assurance - which maybe fixed or rolling term.
Offering company protection for a key person, loan cover, partnership or share protection if an employee dies or is diagnosed with a critical illness.
SKANDIA LIFE ENDOWMENT
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 interest only mortgage loan.
Article on: Skandia Life Assurance ~ for more information visit - www.oldmutualwealth.co.uk
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