In addition to the launch of its stakeholder Scottish Equitable has introduced a new life cover o...
In addition to the launch of its stakeholder Scottish Equitable has introduced a new life cover option which employers of five to fifty staff can purchase as a packaged product. ScotEq, knowing that some policyholders could not build up the same level of life cover as they could pre-stakeholder, has introduced group life cover. A spokeswoman for the Aegon subsidiary, Louise McKiver, said the amount of life cover for people on average earnings has been dramatically reduced. What many people regarded as a good life cover figure – four times salary - is no longer achievable because of th...
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