Our business Our strategy is to be a major life and pensions consolidator in the UK market by offering companies who wish to exit from closed books of business the opportunity to do so, and to provide excellent customer service to our acquired policyholders. ReAssure’s performance ReAssure Group Solvency and Financial Condition Report 2018 ReAssure Group Solvency and Financial Condition Report 2017 ReAssure Group Solvency and Financial Condition Report 2016 Our history It’s likely you didn’t take your policy out with us With a proven track record of successfully integrating blocks of pension, insurance and investment business stretching back over 30 years, ReAssure...
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Group Life Assurance benefits will pay a lump sum benefit upon death of an insured employee. However, what many people overlook is that traditionally Group Life schemes are written under registered pension scheme legislation and as such, there are instances where an individual can invalidate their pension protection by joining such a scheme. The Lifetime Allowance (LTA) was created when pension simplification legislation was implemented in April 2006. Benefits which count towards the LTA include registered pension and lump sum death benefits from registered Group Life Assurance schemes. Historically, the LTA was £1.8m but since April 2012, this has been reduced a number of times. For 2020/...
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SMA Life Assurance Company definition Examples of SMA Life Assurance Company in a sentence AMENDMENT TO WHOLESALING AGREEMENT This amendment to the Wholesaling Agreement between Allmerica Financial Life Insurance and Annuity Company (formerly known as SMA Life Assurance Company), First Allmerica Financial Life Insurance Company (formerly known as State Mutual Life Assurance Company of America), Allmerica Investments, Inc., (formerly known as SMA Equities, Inc.) and Pioneer Funds Distributor, Inc., dated March 1, 1995, (the "Wholesaling Agreement") is made effective this 18th day of July, 1997. The preceding schedules refer to insured lives whose surnames begin with the letters A through Z...
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Life assurance, critical illness and income protection Dying, becoming seriously ill or not being able to work as a result of illness or injury often brings severe financial consequences that can affect both an employee and their dependants. When such an unforeseen and unfortunate event happens, although having life assurance, critical illness or income protection cover won’t remedy the situation it may help offset some of the consequences by providing a financial lifeline. It’s a level of security appreciated by any and every employee. Life assurance, critical illness and income protection are insurance policies: there are no tangible benefits – apart from those resulting from...
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Group Life Insurance is also known as Death in Service cover. It enables an employer to provide a lump sum benefit in the event of an employee’s death to their family, children, or any chosen beneficiaries. Death in service insurance is a life insurance policy which an employer takes out on behalf of their employees and is designed to pay out a lump sum to their beneficiaries in the unfortunate event of their passing. As the employer, you take out the insurance and offer it to your employees as part of their employee benefits package. An employee benefit is a product or service which an employer pays on behalf of their staff. The insurance normally covers the person during the time...
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RBIG Group Life Assurance Solutions Despite having a relatively small impact on payroll costs, group life assurance delivers big on perceived value among employees. Also known as group life insurance and death in service cover, according to industry body, Group Risk Development it is the most common employer sponsored protection benefit in the UK. The Swiss Re Group Watch 2019 survey confirms its growing popularity, with significant growth in membership reported for both lump sum death in service and expected group life asssurance schemes. Over 10 million UK employees now benefit from such policies. Its popularity is understandable. Employee benefits If you provide group life assurance you'...
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SMA Life Assurance Company definition Examples of SMA Life Assurance Company in a sentence The amount of benefits payable hereunder will equal the total accumulated value of an Eligible Employee's Employer Contribution Account, Other Benefits Account, and Executive Salary Deferral Account (if any) invested in accordance with a variable universal life policy issued by the SMA Life Assurance Company. If to the Company: SMA Life Assurance Company 440 Lincoln Street Worcester, Massachusetts 01653 Attention: Eric S. Grover II Vice President, Individual Insurance Marketing SMA Life Assurance Company 440 Lincoln Street Worcester, MA 01605 if to EQUITIES: Richard M. Rowe Price International...
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Did you know, you can protect your family with life insurance coverage without a medical exam? We identify real concerns and develop solutions that are cost-effective to every day people Don't worry about monthly payments and large applications. We make it simple and easy, that's our promise. Simple . For ALL of our plans, we don't require medical exams, citizenship, or more than some basic personal information. It’s quick and easy to get a life insurance quote from Chicago’s most trusted agency. Transparent. We don't hide our terms and conditions or application processes when delivering a life insurance quote. Chicago-area residents appreciate our...
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; rel="alternate"; type="application/json", ; rel=shortlink Referrer-Policy: strict-origin-when-cross-origin feature-policy: autoplay 'none'; camera 'none' X-Frame-Options: SAMEORIGIN Strict-Transport-Security: max-age=63072000; includeSubdomains; Upgrade: h2 Connection: Upgrade X-XSS-Protection: 1;mode=block X-Content-Type-Options: nosniff Cache-Control: max-age=300, public Content-Security-Policy: frame-ancestors 'self' 'darta.ie' 'www.darta.ie';upgrade-insecure-requests Transfer-Encoding: chunked Content-Type: text/html; charset=UTF-8 Darta Saving Life Assurance dac – gdpr » The Company The Company Darta Saving Life Assurance dac, trading as Allianz Darta Saving, is a 100%...
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Why employee life insurance is more valuable than ever Death in Service, life assurance, life cover – whatever you call it, life insurance for employees is one of the most valuable benefits a company can offer, both for the worker and the business itself. However, employers should seek advice on getting a plan to suit their needs. Article by Nick Green. Employee life insurance is one of the great ‘hidden’ benefits of many jobs. Often just a footnote on job adverts and rarely discussed at interviews, it can end up mattering far more than a company car, share options, pension or even salary if the worst should happen. Often referred to in the past as ‘death in...
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