Scottish Life Insurance

Scottish Life Insurance

Scottish Life is a UK-based insurance company that has been providing pensions and other financial services to their clients since 1881. It is a subsidiary company of the Royal London Group which happens to be the largest pensions and mutual life company in the United Kingdom. Scottish Life prides itself in playing an important role in their customers’ lives by allowing them to enjoy full financial freedom. Scottish Life offers a variety of financial services that are specially designed for folks who are in their later years.

Reliability & Flexibility

Much like other financial services providers in the UK, Scottish Life too promises to provide sound and unbiased financial advice by selling their pensions only through independent financial advisers. In fact, the company claims that they do not use a lot of money on marketing gimmicks to attract a larger customer base. Instead, they allot these funds to what’s more important – in finding ways to provide the best pension plans for their current clients.

Scottish Life considers itself to be a pension specialist. They believe that pension is the best way for individuals to save for their imminent retirement. The company makes it a point to provide pensions that are able to keep pace with the changing needs of every individual. As a result, Scottish Life’s pension plans are very flexible and are able to evolve in conjunction with the circumstances of the clients.

The Benefits of Scottish Life’s Pension Portfolio

The company also ensures that clients are well aware of what they are paying for. In order to achieve this end they provide a very clear charging structure that leaves no room for confusion. Aside from this, there are other aspects that make Scottish Life’s Pension Portfolio quite impressive:

1. Viable payment options: Scottish Life provides a variety of payment options for their clients in order to suit their specific financial situations. Aside from making regular or single payments, Scottish Life also allows customers to transfer payments from any of their existing pensions.

2. Core investments: Aside from coverage, Scottish Life also offers a wide range of investment funds for their customers. These investments are professionally managed by the foremost investment managers which ensure minimal risks. Clients will have the option to choose between a number of different assets, may it be property and cash, or even company shares or equities.

3. Self investments: This is another flexible investment option for clients which allow them to invest their money in what’s called a fund supermarket. This may include investments such as commercial property or company shares.

4. Full protected pensions: Scottish Life’s pensions are also fully protected to ensure the future of not only the policy holders, but their loved ones as well. Pension payments are protected in case the policy holder becomes ill or even in the case that he dies prior to receiving anything from the pension.

5. Easy access to funds: In a facility that’s called Income Release, policy holders are able to easily take out a lump sum payment (tax free) from their plan the moment they hit 50. GP