Windsor Life Insurance

Windsor Life Assurance Company Limited has been in the finance, investment and banking industries since its inception in 1963. With remarkable growth in acquiring life insurance and finance companies over the years like Gresham Life and Aetna Life, among many others, Windsor Life leverages on its years of expertise and financial muscle as a 14 billion UK-based company to provide sensible insurance plans that open up investment opportunities to enhance and manage future wealth.

Life Insurance Products

Windsor Life’s Lifelong Protection Plan is a suite of flexible financial services that allow its policyholders investment opportunities together with traditional insurance packages that are competitive in the insurance business. Windsor will review your policies on a regular basis to ensure that despite inflationary attrition to the value of your policies, you can still meet your future target financial goals. They include the following:

Life Cover: This provide a lump sum payout if the policy holder dies or gets diagnosed with terminal disease with less than 12 months of life expectancy. At a minimal addition to the premium, the policyholder can elect to include the Critical Illness Cover described below.

Critical Illness Cover: This provides a lump sum payout if the policyholder is diagnosed with any one of the pre-specified critical illnesses approved by Windsor Life. There are 15 diseases and conditions that qualify the insured if any of these is present, like heart attack, cancer, renal failure, coronary artery bypass, major organ transplant, multiple sclerosis, stroke, coma, paraplegia, loss of two or more limbs, loss of speck, hearing or sight and major burns. (AIDS and drug abuse excluded).

Permanent Health Insurance: This provides a substitute income that’s a percentage of their employment salary in the event the policyholder contracts and illness or accidental injury that impairs his/her ability to be gainfully employed for a long time.

Investment Opportunities

Windsor provides avenues for regular savings and investment opportunities for the policyholder that would augment future cash flows to support your kid’s education or any future cash-out requirement. Around 14 investment plans are available for the policyholder to choose from at their option. Windsor Life charges a minimal 1% annually on your policy or investment value considered the lowest in the industry. This basically covers the administrative and continuing management costs associated with the financial services you have availed yourself of.

Online Services

The Windsor site may not allow you to apply online, but it has a number of illustration request pages for Life Cover, Critical Illness, Income Replacement and Savings where with your personal and financial details held in the strictest confidence, it can provide illustrative policy proposals that will match your needs and circumstance to be sent to your address by post. These online request forms can also be printed and sent either by post or discussed over the phone.

The site provides downloadable documents in PDF format on the key features and policy provisions on its various cover packages. It is well that these documents are read and understood to better assist you in making the right decision on which insurance package to get.