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CSIS Launches Over 50s Life Plan with Royal London

Date
29 September 2015

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The Civil Service Insurance Society has teamed up with Royal London to offer Over 50s Life Cover. The policy will provide a simple way to leave money to loved ones when the policyholder dies. There is also a funeral benefit option giving policyholders a simple way to give financial peace of mind to families in hardship. CSIS was shocked to learn research from Royal London revealed one in five people struggle to afford a family funeral, with burial costs nearly reaching £7,000 in parts of southern England*. Over 50s Life Cover can help to protect relatives from the impact of debts that may be left unpaid or funeral costs.

Announcing the partnership, CSIS Chief Executive Kevin Holliday said “We are delighted to have partnered with Royal London and believe there is a real need for this product in our community. In Royal London we have found a partner that understands the need for a fair and flexible product.”

Layton Wilkinson, Royal London Consumer Head of Business Development, said “This partnership will see Royal London increase its capability to bring Over 50s Life Cover to a new audience. In CSIS we have found a partner with a benevolent approach to business and we look forward to helping existing and retired civil servants who need peace of mind for the future.”

CSIS customers can find information about the product here, or call the Royal London team on 0800 202 8702, quoting the reference PTN038. The two companies have both been in business for over a hundred years but, as this partnership shows, they are very much focused on the future and delivering quality products to their customers.

*Source. The Royal London National Funeral Cost Index Report 2014. Based on a burial in Beckenham, Kent at a cost of £6,899.

 

 

 

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