Changes in demography and life expectancy have led to an increase in the number of people aged 55 and above in the UK. The trend is expected to continue in the next several years. This change has not been lost on the life insurance companies of the country. Many have come out with products specifically tailored for the needs of the senior generation.
Those aged fifty-five and above are largely nearing their retirement and this is the time for them to ...
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Founded in 1762, The Equitable Assurance Society (Equitable Life) is a life insurance company in the United Kingdom which is now all but closed down. It is credited with having pioneered age based premiums based on mortality rate and creating the framework for practicing insurance scientifically. All life insurance schemes of today base themselves on this framework created by Equitable Life.
Equitable Life Insurance, in the 1990’s had over 1.50 million policy holders and £26 million worth funds under management making it ...
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