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SunLife Ltd is a UK-based financial services company. Founded in 1810, the company is best known for its range of services for people aged 50 and over. SunLife currently offers over 50s life insurance and equity release in the United Kingdom. In 1900, they became the first company to offer life insurance without a medical.
In 2022, OneFamily announced its acquisition of life insurer brand Beagle Street. [2] In 2014, after gaining the backing of 95% of its members, Engage Mutual Assurance merged with Brighton-based Family Investments to create OneFamily, which began trading under its new name from April 1, 2015. [3] [4] [5] The business was moved to Brighton. [6] [7]
The Equitable Life Assurance Society (Equitable Life), founded in 1762, is a life insurance company in the United Kingdom. The world's oldest mutual insurer, it pioneered age-based premiums based on mortality rate, laying "the framework for scientific insurance practice and development" [1] and "the basis of modern life assurance upon which all life assurance schemes were subsequently based". [2]
Engage Mutual provided a range of products, with a major emphasis on healthcare. Primary products included over-50s life insurance, health cash plans, tax-exempt savings plans and insurance bonds. It also provided new Child Trust Fund accounts until they were discontinued by the British government in 2011, and replaced with Junior ISAs.
Final expense life insurance, sometimes referred to as guaranteed issue, guaranteed acceptance, funeral or burial insurance, is a type of whole life insurance designed to cover end-of-life ...
The business was founded by Sidney De Haan in 1951 and was passed to his son Roger De Haan who took over in 1984 after his father's retirement. [5] Saga was acquired by staff (20%) backed by the private equity firm Charterhouse in October 2004. [6] Saga merged with The AA (owned by CVC and Permira) to form Acromas Holdings. [7]
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