The Over 55 Life Cover plan provider, when the plan was on offer, was AXA Wealth Ltd, who are now trading as SunLife. Phoenix Life Limited (PLL) are currently going through the process to purchase SunLife, and assuming the transfer is approved, these plans will move across on 8th December 2017.
If you already have an Over 55 Plan, your policy won’t be affected and will continue to be taken care of by SunLife as before. You may see minor changes such as a change of name on your direct debit. To find out more about the proposed transfer please visit www.sunlife.co.uk/FM17.
For other queries you will find some frequently asked questions and contact details for SunLife below.
If you need advice, you should contact an independent financial adviser. If you don't have an independent financial adviser, you can get details of local financial advisers by visiting the Unbiased website.