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Bank of Scotland Endowment Life Insurance
The Bank of Scotland offer a wide range of insurance and investment plans. You can combine the two with endowment life insurance. Quickly find your best quote using the form on the right.
Bank of Scotland endowment life insurance is an extensive life insurance contract that is designed to pay for the policy holder a specific sum of money on maturity of the policy or on death of the policy holder, whichever is earlier. Unlike other insurance policies offered without any specific term, Bank of Scotland endowment life insurance is offered with specific period of term of 5, 10, 15 and 20 years. The insurance not only pays the family upon death of the policy holder which help to financially, but also help the policy holder by payment of a lump sum amount.
About Bank of Scotland endowment life insurance
Bank of Scotland doesn’t require any introduction as it is one of the top financial institution of the United Kingdom offering contemporary banking and insurance solutions to the people. From savings account to share dealing options and travel deals, there is almost nothing left by the bank of Scotland with respect to financial solutions. The leading financial institution of the UK is also popular in several major countries of the world.
Types of Policies:
Bank of Scotland endowment life insurance can be classified into endowment life cover and endowment critical illness cover. Endowment life cover is offered as a term life insurance and covers the life of the policy holder for a specific term. Upon expiry of the policy holder, say 10 or 15 years, the sum assured by the policy holder is paid. However, if the policy holder happens to die before the expiry of the policy term, the beneficiaries are paid the assured sum. In either way, it is beneficial to the policy holder in terms of monetary benefit. Endowment critical illness cover pays for the medical expenses incurred by the policy holder upon any critical health condition or injury. In addition, Bank of Scotland endowment life insurance also allows the policy holders to surrender the policy against a sum of lump sum payment before the expiry.
Rival Companies of Bank of Scotland endowment life insurance
Bank of Scotland endowment life insurance has a few competitors in the insurance market of the United Kingdom and includes Barclays endowment life insurance, Natwest endowment life insurance, Axa endowment life insurance, Santander endowment life insurance etc.
Review of Bank of Scotland endowment life insurance
Bank of Scotland endowment life insurance has no reviews or ratings or feedback posted by the users at reviewcentre.com. Being one of the major financial and insurance service providers of the United Kingdom, there is absolutely no hesitation to opt for the highly beneficial and reliable endowment life insurance from bank of Scotland.
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If you don't find the best value endowment life insurance quote now, over the lifetime of the policy this will cost you £1000's. Unlike other comparison sites we only provide quotes for Endowment Insurance which means you can speak to experts as well as getting great prices. Complete our form and find out your lowest quote.