Foresters Friendly Society & CS Healthcare Announce New Partnership Deal

Thursday, March 3, 2011

Mutuals members offered opportunity to share benefits

Foresters Friendly Society today announced details of a new agreement with CS Healthcare, a specialist health insurance provider, which will benefit members of both organisations through a range of additional benefits. The agreement marks the first ever occasion on which two UK friendly societies have come together to offer each others' members direct access to their products and services.

Foresters Friendly Society members will be informed of CS Healthcare's private health insurance product, your choice. The insurer normally only provides health insurance to those who have either worked, or are currently working, in the civil service, public sector or not-for-profit organisations. As a special arrangement between the two mutuals, CS Healthcare's product will be offered to all Foresters Friendly Society members between the age of 18 and 75 years.

CS Healthcare policyholders will, meanwhile, receive information regarding Foresters Friendly Society 50+ Life Plan. This plan offers policyholders a guaranteed cash lump sum payable in the event of their death which can be used to pay outstanding debts and funeral expenses.

Neil Armitage, marketing director, Foresters Friendly Society, said: "We're always looking to extend the range of benefits we offer to our members. Working with partner organisations which share our mutual values, strong sense of community and treat members openly, honestly and fairly, is an essential component of this strategy."

"As consumer trust in the banking sector continues to erode, now is the ideal time for mutual organisations to be pooling their resources, sharing ideas and working to ensure they offer a sum greater than their parts to offer their members greater choice without compromising their traditional values."

Neil Armitage continued: "As a fellow friendly society, CS Healthcare fits this bill perfectly. Now, we can offer our members with access to information about private health insurance, safe in the knowledge that the provider shares our commitment to benevolence and putting the policyholder at the heart of everything they do."

Russell Stephens, director of marketing, distribution and membership services, CS Healthcare, added:"Both of our societies have long histories protecting the health or wealth of members. We've based our decision to join forces on our common values and principles which put our members first.

"We welcome the opportunity for all Foresters Friendly Society members between the age of 18 and 75 years to join CS Healthcare and benefit from private health insurance along with a range of other Membership Rewards. We also hope this will be the first of many more examples of mutual societies working together to the wider benefit of members."

Foresters Friendly also offers its members access to a range of health-related benefits. These include Foresters Care, provided via RED ARC Assured, which provides practical advice and emotional support to members diagnosed with serious illnesses.