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Scottish Widows was established in 1815 and it remains a familiar brand within the industry. It was originally set up to financially support widows and female relatives of fund-holders. In 2009 Scottish Widows was demutualised and became part of the Llyod’s Bank Group.
Scottish Widows is a life insurance, pension, and investments business with a strong commitment to help people plan for their financial futures. Today it has around 6 million customers.
“Scottish Widows has been helping people prepare for the future since 1815. Today we remain as committed as ever to empowering our customers to make the most of their financial future.”
-Scottish Widows
- Defaqto 5 Star Rating
- Defaqto Gold Rating for Protection Service
- 2020 winner Money Marketing Awards: Best Financial Education Initiative
Types of cover include:
- Life Insurance
- Whole of Life Insurance
- Term Insurance
- Joint Insurance
- Critical Illness Insurance
- Mortgage Life Insurance
Additional Benefits of Scottish Widows:
- Automatic critical illness cover for children with a one off benefit of £5,000 in the event of the death of a child with a critical illness
- Terminal illness and total permanent disability is automatically included on life policies
- Scottish Widow care support service; offering assistance with health and well-being. Including nurse advisers for disabilities, physical illness, mental health, bereavement, and trauma
- Retaining a strong social dimension and commitment to public service
Claims Record:
2020 | 2019 |
Life insurance: 99.5% of claims paid out. £125m total value paid. | Life insurance: 98.2% of claims paid out. |
Critical illness Insurance: 94.2% of claims paid out. £81m total value paid out. | Critical illness Insurance: 93% of claims paid out. |
Either get a quick quote through our online form or call us to discuss the options with Scottish Widows. Affordable life insurance is within reach. Protect your loved ones today so you don’t have to worry about the ‘what if’.
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