Life Assurance Companies

Life Assurance Companies in the UK

UK residents should no longer experience too much trouble in looking for the right life insurance policies. There are loads of life assurance companies in the UK that offer a variety of products and services. No matter what type of policy one might be looking for, it is almost impossible for him not to find one that will suit his needs and budget perfectly.

Going online is probably one of the best ways of scouting these insurance companies as there is a multitude of websites that provide users with directories of most of the UK-based insurance companies. Based on a recent survey conducted, below are three of the more popular insurance companies that offer life assurance, among other things.

Legal & General Group

Established in 1863, Legal & General Group is one of the United Kingdom’s top financial services corporations. They boast over 6.5 million customers that hold varying policies such as pensions, investments, and of course life assurance. The Legal & General Group is proud to have invested £280 billion worldwide and they currently manage £175 billion worth of index-tracking investments.

The Legal & General Group is one of the premiere life assurance companies in the UK and they offer all sorts of life assurance products such as over 50s life insurance, mortgage life insurance, and critical illness cover—which can be purchased for as low as £6 a month.

Norwich Union UK

Norwich Union is the largest provider of life insurance in the UK. It is part of the world-renowned Aviva group which is the fifth-biggest insurance group in the world. Aside from dominating the UK market, Norwich Union is also spreading its customer base to other countries in Europe, Asia, Australia, and of course the United States. With policies that go for as low as £10 a month, Norwich Union is definitely a popular choice among customers—testament to this fact is their 45 million policy holders worldwide. The company’s life cover policies include life insurance, guaranteed whole of life, guaranteed lifelong protection, and critical illness coverage.

Standard Life

Standard Life is an Edinburgh-based insurance company that operates worldwide. It was established in 1825 and today boasts more than 6.5 billion customers across the globe to position itself as one of the UK’s most established life assurance companies. Aside from life insurance, Standard Life also offers other services such as pensions, banking, investment management, and healthcare insurance products. Aside from the UK this assurance company also operates in other regions such as Asia Pacific, North America, and Europe. GP