TSB LIFE INSURANCE
One of the UK big banks, the origins of TSB go back to 1810. In the 1990's they joined the Lloyds Bank Group which merged with TSB Group to form LloydsTSB Group plc.
In 2008 Halifax Bank of Scotland was acquired by Lloyds TSB. The combined group became one of the largest financial institutions in the banking industry. In 2013 Lloyds Bank seperated from the TSB brand.
In the past TSB life insurance were sold as their own life insurance products - based from Andover, Hants. In 2000 Scottish Widows became part of the Lloyds TSB Group and rather than sell TSB Life insurance, their Life Insurance products were then sold through the branch networks.
From 2014 the newly reformed TSB Bank agreed to use Legal & General as their partner for Life Insurance protection brand via their branch network.
Looking in 2020 to compare old or new TSB Life Insurance products.
TSB LIFE INSURANCE - PRODUCT REVIEW 2020
TSB - MORTGAGE PROTECTION
Designed to cover a repayment mortgage on death or terminal illness as it decreases during the plan term.
TSB - WHOLE OF LIFE INSURANCE COVER
A whole of life policy that will always payout whenever death may occur. Premiums maybe reviewable in the future.
TSB - OVER 50'S LIFECOVER
A no medical evidence insurance policy, level or indexed linked, to always payout whenever death may occur perhaps for funeral costs - but only after an initial period.
TSB - LIFE INSURANCE
Offering family protection if the policy holder dies or is diagnosed with a terminal illness during the term.
TSB - CRITICAL ILLNESS COVER
Helps ease financial worries if you are diagnosed with a critical illness as specified by TSB Insurance.
TSB - INCOME PROTECTION
Providing security by way of an income if you are off sick or have an accident or disability.
TSB PPI - ACCIDENT SICKNESS & REDUNDANCY
Protect your mortgage payments & bills if off sick, have an accident or lose your job.
TSB - BUSINESS PROTECTION
Offering company protection for a key person, loan cover, share protection, an employee dies or is diagnosed with a critical illness.
TSB 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 interest only mortgage loan.
Article on: TSB Life Insurance ~ for more information visit www.tsb.co.uk *
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FOR PROTECTION PRODUCTS WE USUALLY OFFER FROM A RANGE OF PROVIDERS
TSB Life Insurance Quote