Sunday, 29 March 2009

We do more

The Society not only provides with-profits savings plans and lump sum investments – it also provides insurance policies: for example to pay off your mortgage if you or your partner dies, or to provide income if you are off work and your pay is reduced or stopped due to long-term sickness. This year, we have cut the cost of mortgage protection policies and added lump sum benefits to the income protection policy (see ‘Income Protection - our new deal’ inside).

As a Friendly Society, we are owned by our members – there are no shareholders. We do not go in for high-pressure selling – our talks at Hendon and elsewhere are designed to explain finance generally, and the benefits that go with the Job in particular.

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