Scottish Widows Over 50 Life Insurance

Scottish Widows Over 50 Life Insurance. Fact! If you don't compare over 50 plans you will not get the lowest price. Compare quotes and save £1000s.

Scottish Widows is one of the most recognized brands in the life, pensions and investments industry. (Source: IPSOS Brand & Advertising Tracking Study, February 2009).

Use this site to find the best Over 50 life insurance quote in minutes.

Scottish Widows understands that preparing for the future is important, but that financial planning can be complicated and companies like Scottish Window can be distant and remote. They are different because they understand and offer a range of products and services which can help our customers make the right decisions for their financial futures.

About Scottish Widows Over 50 Life Insurance

Scottish Widows has been working to help people plan their financial futures since it was founded as Scotland’s first mutual life office in 1815. Scottish Widows currently employs around 3,500 people: in customer service; information technology; marketing and distribution; risk, legal and compliance; finance and support. Their product range includes ordinary long term insurance (such as life assurance, pensions, annuities and permanent health insurance) and savings and investment products.

Types of Scottish Widows Over 50 Plans

Life insurance can pay out a cash sum if you were to die during a specified period. It can be tailored to your individual needs with options to include premium protection. Critical illness cover, which is an option under our Protection for Life plan. This is called Critical Illness with Life Cover and can provide a cash sum if you were to die or be diagnosed with a specified critical illness during a specified period. Retirement account can be the right choice for a broad range of people. It’s a personal pension and, when you need it, a personal pension with a self invested option. Stakeholder pensions have to be one of the easiest, cheapest and most flexible ways to save for your retirement. Start your Personal pension fund from £100 a month, or make a one-off payment into your private pension of at least £2,000. Then enjoy tax relief at your highest rate, plus get the chance to change your pension fund payments without penalty. A Conventional Annuity lets you take out a tax-free cash sum, then convert what's left into a taxable income.

Rivalries

Competitors of Scottish Windows are Scottish Provident, Sun Life, Zurich, Royal London, and Royal Sun Alliance.

Reviews of Scottish Widows Over 50 Life Insurance

Thirty five percent of customers rated Scottish Windows excellent at developing and promoting products and services, compared with an industry average of 32%. Sixty percent of customers were satisfied with customer service centre based on their 2010 annual report. If you have experiences or if you are a current holder of a life insurance plan with Scottish Window, you may want to share your experiences through reviewcentre.com.