Albany Life Assurance Company (UK) Ltd

Advantages: trouble free investments
Disadvantages: not managed by company

...Introduction: I have been a customer of Windsor Life for about 15 years so I thought it might be useful for me to share my experiences with you. I took out a private pension and a long term Additional Wealth Plan with them shortly after buying my home. A little background on Windsor Life: Windsor Life Assurance was purchased in 2004 by Swiss Re Group, which has been a well known insurer to other insurance companies since 1860. Its headquarters in the UK are in Telford and has managed more than 75 million in funds under management. It specialises in investments be they lump sum, regular savings, life insurance or pensions. When I took out my policies it was with General Portfolio, however they then changed name to GAN and then were taken over or sold to Windsor Life. My good experiences with the company: I have been... Read review

Ciao members have rated this review on average very helpful

Advantages: cheapest I could find
Disadvantages: have to die to get the money !

...poor of late. The insurance sum is very small for the premiums paid because of the dual nature of these plans. Term Assurance --- Your life is insured for a set amount for a given term (number of years). The premiums are fixed at the outset. There is no redemption value except on death so when the term agreed at outset ends, there is nothing to show for all those premiums paid. You can get quite a large sum of insurance for relatively small premiums. In my opinion term insurance is the simplest and best deal, out of these. WHY LEGAL & GENERAL Quite simply, every time I have searched for life assurance, whether for myself or others, Legal and General are consistenty the cheapest. They are an established reputable company. ADDITIONAL INFO Premiums are affected by age, existing state... Read review

Ciao members have rated this review on average somewhat helpful

Advantages: Cheap premiums - for my level of cover
Disadvantages: None

...Life insurance is something I used to try to avoid paying for. If it’s included in something like an endowment policy or a pension plan, I’ve probably had cover of some kind, no doubt very rudimentary, but I’d never paid anything extra to a life insurance company. Recently, though, I had to get something sorted out due to sorting out a remortgage, and looking at our whole financial situation generally, it just made sense to look after whoever was going to be left if I pop my clogs. All the same, as a reasonably healthy person, and with parents and grandparents who either are or were, very longlived… I still didn’t want to pay out huge amounts. Well, life insurance always seems like a waste of money to anyone who assumes their family is not going to make use of it, doesn’t it? After looking on the Internet for quotes (I... Read review

Ciao members have rated this review on average helpful