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Scottish Friendly is today (Wednesday 25 July) announcing a new partnership with the BGL Group, which is set to modernise life insurance with instant, online cover within 11 minutes.
Beagle Street will make life insurance cheaper, simpler and more accessible because it provides instant cover as soon as you buy and there are no medicals required. Leading financial services group, Scottish Friendly, will underwrite the cover, which starts from as little as £3 a month.
The life insurance plans will be flexible with different levels of cover to meet individual needs and critical illness cover as a separate or combined policy. All documents will be available online immediately and it’s accessible on mobiles and tablets as well as PCs and laptops.
Neil Lovatt, sales and marketing director of Scottish Friendly said: “This is an exciting development in the life insurance market and we are delighted to be leading the way with our partners at BGL, making cover easy and accessible for all. This is a key milestone in the diversification of our business and to see it unveiled in our 150th year makes it all the more significant.”
Director of Beagle Street, Matthew Gledhill said: “The way life insurance is currently bought is completely outdated, and we wanted to change that. With most life insurance providers it takes an average of 11 days to go from quote to cover. Beagle Street gets you covered in around 11 minutes.”
Beagle Street life insurance can be bought direct at www.beaglestreet.com and through leading comparison sites.
Scottish Friendly is not responsible for the accuracy of the information displayed on externally linked third party websites. The Scottish Friendly Group of Companies consists of the following companies: Scottish Friendly Assurance Society Limited – Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Member of AFM, Member of ABI: Life, Savings and Investments. Scottish Friendly Asset Managers Limited – Authorised and regulated by the Financial Conduct Authority. Member of The Investment Association. Registered in Scotland No 187215: OEIC Managers, ISA Managers. Scottish Friendly Insurance Services Limited – Authorised and regulated by the Financial Conduct Authority. Registered in Scotland No 113007. SFIS (Nominees) Limited - Registered in Scotland No 397351. Head office: Scottish Friendly House, 16 Blythswood Square, Glasgow G2 4HJ.