From 1852, Halifax operated to enable people to invest cash, borrow funds for expenses such as house purchases, and offer wealthier people the opportunity to gain a return on loan investments. These days, the Halifax offers a great range of financial services including their Protection for Life plan, which is provided by Scottish Widows.
The Protection for Life product offers people the chance to place all of their protection requirements under one plan, thereby reducing applications and payments to a single process encompassing all of their insurance needs. With one payment to make each month, and the opportunity to adjust the level of cover as and when circumstances change, the plan is a flexible and convenient way of taking out comprehensive insurance.
Halifax also offer an Over 50 Guaranteed Life Plan, which is designed for customers aged between fifty and seventy-five. The plan offers a lump sum to the family when the policyholder dies, to provide financial protection in the event that the main breadwinner is no longer available to offer financial support. With other products including Life Cover, Critical Illness Insurance, Lifetime Cover and Income Protection, the Halifax is a leading supplier of insurance products in the UK. Attributes of the insurance products include premiums starting from £10 per month, a flexible approach to payments and policy options, a reputation for quality customer service, and the peace of mind which a well-established company and respected brand provide.
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