Lloyds TSB Group plc was renamed to Lloyds Banking Group plc on 19 January 2009, as a result of the acquisition of HBOS plc. This made the company the biggest retail bank in the UK, leading the market in a number of different sectors. One in three people currently use the services of the organisation. Lloyds offer Lifetime Cover product which lasts for the whole life of the customer, rather than a specific period.
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