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Northern Rock Endowment Life Insurance
Northern Rock offer a range of life insurance plans to protect your family or mortgage. Endowment life insurance is a type of cover that incorporates both an investment and protection.
Northern Rock Endowment Life Insurance is the ideal choice of term life insurance that covers the life of the policy holder and assures to save the beloved family upon death of the insurer. Moreover, if the policy holder alive after maturity of the fixed term, he or she is paid a lump-sum amount as gift or endowment payment. In either way, the policy holder and or the beneficiaries are benefitted through payment of lump-sum amount, eventually; it protects the people against financial discrepancies that may arise in the future.
About Northern Rock Endowment Life Insurance
Northern Rock has been emerged in the year 1965 s Northern Rock Building Society as a joint venture between two organizations, Northern Counties Permanent Building Society and Rock Building Society. It has been converted into a public limited company in the year 1997. It is now serving with millions of customers and offer range of financial products with greater affordability.
Types of Policies:
Life insurance policies offered by Northern Rock are classified into two types namely the legal and general life cover and Over 50 life cover. Legal and general life insurance covers the life of the policy holder and provides financial support to the family members and the loved one who suffer upon the death of policy holder. Based on the personal requirements and financial commitments of the family in future, customized life cover can be purchased upon receiving the suggestions from the advisor. It covers critical illness, mortgage payments, and endowment cover and when the policy holder dies; the beloved ones are secured by monetary compensation. Over 50 life cover is exclusively designed and introduced for elderly people to protect their beloved spouse and their family. The age factor is something immaterial to make the policy holders worry about securing the family and loved ones in terms of financial security for the future.
Rival Companies of Northern Rock Endowment Life Insurance
Competitors of Northern Rock Endowment Life Insurance in the UKs insurance world include Barclays endowment life insurance, First Direct endowment life insurance, Sainsburys endowment life cover, etc.
Review of Northern Rock Endowment Life Insurance
Northern Rock Endowment Life Insurance has no feedback or ratings from the users posted at review . It is one of the most beneficial insurance covers that assure the policy holder the specific sum amount or the sum assured upon maturity of the policy or death respectively. Eventually, the maturity payment or monetary compensation reduces offer greater financial security.
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