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 LifeAssurance 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 ...
Always on the look out for a bargain, the last thing I expected to find was LifeAssurance in an M&S store!
M&S do very competively priced life insurance. I found this out by accident when I was waiting for my partner (she was trying on the complete summer range of something or other). Sitting, reading through the easy to understand documentation, I thought I would get a quote. The premium was as good if not better than the nationally recognised companies and the professional service was as good as you would expect from M&S. ...
Advantages: NONE Disadvantages: EVERYTHING- YOU WILL BE CHARGED FOR THEIR MISTAKES
i too had a bad experience with this firm and as a result did not want to renew my insurance with them. I too never received my insurance certificate etc and after several phone calls where they told me it was in the post, it suddenly clicked to them that they had the wrong address for me..can you believe this they forgot to put a door number. However much to my disgust i was charged £10 for the extra policy they sent me as a result of their incompetence.
I did not renew with them this year but guess what - they sent me an email saying they have deducted £290 from my card for renewal. i called them up to complain & they told me as I had not called them to cancel renewal they will 'automatically renew the policy'. I never heard of this before and told the call center guy who said its their company policy and that i should read ...
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