Offer will be via partnership with LifeSearch
IN BRIEF:
- Life insurance offering will go “hand in hand” with existing pensions business
- LifeSearch is one of the largest life insurance specialists
- Through LifeSearch, PensionBee customers will be able to purchase life insurance, in addition to critical illness cover
What does this mean?
“Pensions and life insurance go hand-in-hand, providing savers and their loved ones greater financial security for the future,” said PensionBee CEO Romi Savova. “While a pension can help savers meet their costs in retirement, life insurance is an essential step in helping prevent financial difficulties that can arise from an unexpected passing. Yet, despite their importance, pension and life insurance products can often be seen as inaccessible and complex or overlooked until much later on in life.”
