The new Benenden Over 50s Life Cover plan is brought to Benenden Healthcare members by the Friendly Healthcare Organisation Limited - a subsidiary of Benenden Healthcare Society Limited. The plan is provided by Engage Mutual, who also currently provide the Benenden Health Cash Plan - launched at the start of the year.
This latest partnership is part of Benenden Healthcare Society’s ambitious plans to extend its offering to its members.
Marc Bell, marketing & business strategy director at Benenden Healthcare and director of FHOL said:
"This is a natural next step in the evolution of our working relationship with Engage Mutual. The new Over 50s Life Cover product is a major move towards broadening the Society’s range of products and services, offering greater choice to its members with the same good value and quality of service provision.
"There’s something natural in two mutuals working closely in this way. We understand each other’s business model and recognise the long-term value to both our organisations."
Karl Elliott, marketing director at Engage Mutual said:
‘Working to our mutual strengths and with shared insights, we have developed an exclusive product tailored to the needs of the Benenden membership base.
"Our complementary values as mutuals ensure a co-operative relationship which is to the benefit of both organisations and their members."
The Benenden Over 50s Life Cover Plan is available to members of the Benenden Healthcare Society and their family & friends who are aged 50 – 80 (inclusive) and UK resident and provides a cash lump sum in the event of the death of the plan holder.
Other key benefits of the plan include:
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premiums starting from £7.60 per month(including a 5% discount on premiums) which is £1.76 per week or 26p per day
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guaranteed acceptance –without a medical
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pays a cash lump. However, it is not a savings plan and only pays out on death
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funeral funding option available. Although this option isn’t a funeral plan and won’t necessarily meet the full cost of your funeral, it can help towards it.
More information can be found at: www.benendenlifecover.org.uk.
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For further information, please contact Neil Barnes, New Media & Community Relations Executive, neil.barnes@benenden.org.uk.
Notes for editors
The Benenden Healthcare Society Limited
www.benenden.org.uk
Founded in 1905 and based in York since 1990, Benenden Healthcare Society is one of the UK’s longest serving and most respected mutual healthcare societies.
Winner of ‘Large Business of the Year’ at 2010 York Press Business Awards.
The Society has a membership of more than 900,000 and provides a range of discretionary healthcare services to public sector workers and their families as well as employees and members of organisations whose aims and objectives are compatible with those of the Society, including charities, co-operatives, credit unions and other mutual organisations.
Our social media communities:
Facebook: www.facebook.com/benendenhealthcare
Twitter:www.twitter.com/Benenden_health
Youtube:www.youtube.com/benendenhealthcare
The Friendly Healthcare Organisation Limited is a wholly-owned subsidiary of the Society.
Engage Mutual Assurance
For further information on Engage Mutual please contact: Kathryn McLaughlin, Engage Mutual, Tel: 01423 855245/mobile 07794 283788. kathryn.mclaughlin@engagemutual.com
Engage Mutual’s over 50s life cover plan, easy save, junior easy save, protected investment bond are provided by Homeowners Friendly Society Limited (HFSL). HFSL is Registered and Incorporated under the Friendly Societies Act 1992, Registered number 964F. HFSL is authorised and regulated by the Financial Services Authority (FSA), FSA Register number 110072.
Engage Mutual’s child trust fund is provided by Engage Mutual Funds Limited (EMFL), Registered number 3224780. EMFL is a wholly owned subsidiary of HFSL and Authorised Corporate Director of Engage Mutual Investment Funds ICVC. Engage Mutual Investment Funds ICVC is an investment company with variable capital. Registered in England number IC00044. EMFL is authorised and regulated by the Financial Services Authority (FSA), FSA Register number 181487.
Engage Mutual’s health cash plan is provided by Engage Mutual Health (EMH). Registered number 515058 of 14 St Cuthbert's Street, Bedford, Bedfordsire MK40 3JU. EMH is a wholly owned subsidiary of Engage Health Holdings Limited (EHHL), which is a wholly owned subsidiary of HFSL. EMH is authorised and regulated by the Financial Services Authority (FSA). EMH’s FSA Register number is 202311. Engage Mutual Health has offices in Harrogate and Bedford.
You can view our details on the FSA’s register http://www.fsa.gov.uk/register/firmSearchForm.do or by contacting the FSA on 0845 606 1234.
Engage Mutual Services Limited (EMSL) is a non-regulated wholly owned subsidiary of HFSL. EMSL is an appointed representative of EMIL. Registered number 3088162.
The following are non-regulated wholly owned subsidiaries of HFSL.; Engage Mutual Administration Limited (EMAL) - Registered number 4301736; Engage Mutual Services Limited (EMSL) - Registered number 3088162; Engage Health Holdings Limited (EHHL) - Registered number 71124.
Engage Mutual Assurance is a trading name of HFSL, EMFL, EMIL, EMH, EHHL, EMAL and EMSL.
Engage Mutual is one of the larger UK mutuals providing simple, value for money savings, protection and investment products to more than 500,000 customers. Engage Mutual prides itself on being a family-oriented, modern mutual, providing products that help enable households of all kinds to plan their finances to help meet their future needs.
More information on Engage Mutual is available at www.engagemutual.com
Engage Mutual has been the title sponsor of the Rugby Super League since 2005 and has extended its agreement to 2011.
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