Royal London has signed a partnership deal with Clydesdale and Yorkshire Banks to offer its over-50s life cover.
Royal London’s over-50s life cover offers flexible payments, allowing customers to increase or decrease their payments at any point. There’s also a protected payout, so if customers they have to stop paying for they policy, they may still qualify for a payout.
Fergus Murphy, group customer value director at CYBG, owner of Clydesdale and Yorkshire Banks, said: “We’re pleased to be adding over 50s life cover to our range of products, ensuring customers have the confidence and reassurance their families will be supported financially in times of distress – and delighted to be working with the Royal London team, whose customer centric approach makes them an ideal partner for our Clydesdale and Yorkshire Banks customers.”
Customers can purchase the life cover in branch or online.
Jerry Toher, chief executive of Royal London’s consumer division, said: “We’re delighted to be partnering with Clydesdale Bank to offer our Over 50s life cover to their customers.
“Through our new partnership with Clydesdale Bank, we will continue to achieve our shared values of putting customers’ needs first, and making sure that our products offer better value for money and fairer outcomes for consumers.”