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NatWest Endowment Life Insurance
Few of us take the time to insure the most important item which is ourselves. Nothing is permanent in this world and there are things that we cannot prevent from happening neither we can predict that will happen. That’s why it makes sense to prepare and plan for the future. Make sure your loved ones are taken care of if you are no longer around to support them. Natwest life cover plan pays a guaranteed cash lump sum if you die during the term of the policy. This could provide not only financial support for your family, but also to help repay a mortgage or loan.
Natwest is a member of the Royal Bank of Scotland Group. In 1968 National Provincial Bank and Westminster Bank merged as National Westminster Bank. The merger completely surprised the general public and the City, but to both banks the advantages were clear - the merger enhanced strength on balance sheet, created opportunities to streamline the branch networks and enabled greater investment in new technology. The statutory process of integration was completed in 1969 and National Westminster Bank started trading on January 1, 1970, bearing the three-arrowhead symbol as its logo.
The new bank with 3,600 branches has developed a wide range of new services, including the bank's first credit card, Access, in 1972, and computer-linked cash dispensers, Servicetills, in 1976. Deregulation in the 1980s, culminating in 'Big Bang' in 1986, also encouraged National Westminster Bank to enter the securities business. The Royal Bank of Scotland Group completed the acquisition of NatWest in March 2000 with a £21 billion deal that was the largest take-over in British banking history. NatWest is now part of one of the world's largest financial services groups.
About Nat West Endowment Life Insurance
Life Insurance products offered by Natwest are Life Cover (with options like Level term cover, Decreasing term cover and Critical Illness Cover), Over 50’s Cover and Income Protection Cover. The life cover plan pays a guaranteed cash lump sum if you die during the term of the policy. Life Cover has options likeInstant cover, 2-40 year terms, Wide age range and Joint cover. The Over 50’s Cover is affordable and has guaranteed acceptance, guaranteed payouts and guaranteed premiums. There areno medical questions or examination required for the over 50’s cover. Lastly, the income protection cover can help you maintain your family's standard of living by providing a monthly income to help pay your mortgage, other debts or household bills.
The top three rival competitors of National Westminster Bank Public Limited Company are Barclays PLC, HSBC Holdings plc and Lloyds Banking Group plc all from London, United Kingdom.
NatWest Endowment Life Insurance Reviews
There are no reviews for Natwest on our favorite review site – reviewcentre.com. However, the Royal Bank of Scotland is represented and has scored 1.6 out of 5 stars with only one good review out of the 7 reviews posted on the site. If you would like to share your past experiences with Natwest, please go to this link, review
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