Clerical Medical Life Insurance

Clerical Medical and Scottish Widows

Clerical Medical offers extensive pension coverage packages for clients with existing accounts. New clients however are no longer being accepted and are now being referred to Scottish Widows. Scottish Widows offers competitive premium prices and comprehensive life insurance quotes and policies for clients that match the original packages offered by Clerical Medical. The recent merger with Scottish Widows has strengthened and bolstered the financial and functional base of Clerical Medical allowing them to give and offer more to their clients. Combining the financial expertise of the two companies has led to the streamlining of products offered and the upgrading of existing policies.

Like Clerical Medical, Scottish Widows is a highly respected firm that has had experience with thousands of clients. Their experience is similar to that of Clerical Medical as they have been around for more than two hundred years as well. This level of experience and capacity to provide cover for their clients is what makes the Scottish Widows a very reputable company in terms of service and products.

From Life Insurance to Pensions

Clients who seek life insurance cover from Clerical Medical are now brought to Scottish Widows. The Scottish Widows life cover plans provide the insurance holder with a lump sum in the event that they die or are diagnosed with a terminal illness within one whole year before the end of the covered policy term.

This package is adjustable for both single and two parties and can be adjusted according to the individual lifestyles –and lifestyle changes- of both insurance holders. The Scottish Widows life cover is upgradeable as well to bring in the other useful offers from their company.

Clerical Medical still offers pension options to clients with existing accounts, but no new accounts may be made. Clients with existing pension accounts can still add more to their premium to increase their benefits as well. These include varying the amount to be paid each month and allowing conversions and linking to other accounts and investments in stocks, shares, bonds and others. Of course, the value of pension adjusts and reflects the sway or market trends and may give a payout that is less than the original value.

A Closer Look at Clerical Medical

Clerical Medical traces its roots back to 1824 and has provided its clients with many financial solutions and options until today. They have a very good reputation and are also well known in the industry. Their recent merger with Scottish Widow has seen the combination of two major financial groups.

This merger can only bring great things for the clients of both companies. Clients with existing accounts with either company are encourage to review new options that are now available to them - all thanks to the positive changes brought about by the merger.

On its own, Clerical Medical provides many business solutions aside from financial control but also with investments and others. The merger has brought Clerical Medical into the Lloyd’s Banking group, a major financial company in the world. This has increased the number of ways that Clerical Medical would be able to serve all of its clients across the UK better.