Foresters announces new group scheme for Global Connections
Wednesday, September 11, 2013
Foresters Friendly Society, the Southampton based mutual society with 65,000 members, now provides Life Insurance cover to Global Connections. Global Connections is a group of agencies of charity workers with members based both in the UK and overseas. Foresters will provide Life Insurance cover of up to £75,000 to current Global Connections members and new joiners to the group with premiums guaranteed for the duration of the contract.
Foresters has vast experience in providing group schemes for large organisations in the public sector and currently insures 30 police federations. The partnership with Global Connections is the first in the charity space for Foresters as it looks to expand its offering to other sectors and SMEs. Foresters is backed by a strong infrastructure which includes a dedicated actuarial pricing team and experienced administration team.
Commenting on the partnership with Global Connections, Patrick Smith, Foresters Group and Intermediary Sales Manager , said: "Foresters has a proven track record in providing bespoke group products specialising in the police federation arena. I'm thrilled that we've expanded into a new sector as we look to increase the distribution of our services and we will continue to look for new opportunities to provide group schemes based on our strong 25 years scheme experience."