Who owns Bright GREY insurance?
The Royal London Group
SUMMARY. Bright Grey is part of The Royal London Group and provides life insurance with the option to add critical illness cover. The Royal London Group serve more than 5 million customers and is the largest mutual life and pensions company in the UK.
When did bright GREY become Royal London?
2003
2001 – Royal London acquires Scottish Life for £1.1 billion. 2003 – Royal London launches a specialist protection business, Bright Grey.
Does Royal Liver Assurance still exist?
Royal Liver Assurance /ˈlaɪvər/ was a friendly society with over 1.7 million members in Ireland and the United Kingdom….Royal Liver Assurance.
| Formerly | Liverpool Lyver Burial Society |
|---|---|
| Defunct | July 1, 2011 |
| Fate | Acquired by Royal London |
| Headquarters | Royal Liver Building, Liverpool, England , United Kingdom |
| Website | royalliverassurance.com |
Did Phoenix Life take over Scottish Provident?
On 8 December 2017, we transferred all the policies of AXA Wealth Limited to Phoenix Life Limited. We transferred certain protection products from Scottish Mutual Assurance Limited and Scottish Provident Limited to Royal London in December 2008.
What do Phoenix life do?
Phoenix Life is a closed life insurance business. We look after life and pension policies, focusing on delivering excellent customer outcomes. We put our customers at the heart of what we do.
Is Bright GREY part of Royal London?
Bright Grey has rebranded to Royal London. If that name doesn’t ring any bells, we’re the largest mutual life, pensions and investment company in the UK.
Can I withdraw my pension Royal London?
You can normally get up to a quarter of your pension pot as a tax-free cash payment. You can also take all of your pension pot as cash but, if you do so, only a quarter will be tax-free and the rest will be taxed.
Is Royal London the same as Royal Liver?
Royal Liver has rebranded to Royal London. If that name doesn’t ring any bells, we’re the largest mutual life, pensions and investment company in the UK.
Who have Royal London taken over?
United Assurance Group plc
On 31 December 2000 Royal London took over United Assurance Group plc. The transaction was the largest acquisition of a quoted UK company by a mutual. United Assurance Group itself had been formed by the merger of United Friendly and Refuge Assurance in October 1996.
Who now owns Scottish Provident?
Royal London
In December 2015 Scottish Provident was rebranded to move under the single brand of its parent company Royal London. Royal London is the UK’s largest mutual life and pensions company.
Is there a bright grey insurance company in the UK?
Looking for Bright Grey? Bright Grey has rebranded to Royal London. If that name doesn’t ring any bells, we’re the largest mutual life, pensions and investment company in the UK. If you had (or think you had) a policy with Bright Grey and you’d like to find out more, we’re here to help.
Is the bright grey business part of Royal London?
Previously Royal London had told COVER about its intention to bring its UK intermediary protection businesses under a single brand. Bright Grey’s sister business Scottish Provident is due to start rebranding to Royal London at the end of the year, the mutual confirmed.
How much does bright grey pay per month?
Regardless of the level of earnings, Bright Grey will not pay more than £6,250 per month. Pre-incapacity or pre-unemployment earnings: If the person covered is employed, this means their total pre-tax earnings for PAYE assessment purposes (excluding benefits in kind) in the 12 months before they became incapacitated or unemployed.
What’s the maximum income insurable for bright grey?
Maximum percentage of income insurable: Up to 55% of pre-tax earnings if in work. Regardless of the level of earnings, Bright Grey will not pay more than £6,250 per month.