Mutual started life back in 1980 as the Homeowners Friendly Society and the name was changed to Engage Mutual Assurance in
2005. At the year end results in 2009 they had 438,000 customers and group assets under management of £624 million.
They offer a number of products and with the over 50s life insurance they are established
as one of the top 5 providers. As a mutual they are owned by the policyholders and not shareholders and advertise that “we’re
owned by you, run for you”. Details on some of their products can be found below.
Engage over 50s life
you take out an over 50s life insurance plan with Engage online they will give you a 5% discount on the normal premium costs,
a free gift (£30 M&S vouchers or digital radio) an option to use the plan towards your funeral costs and because
they do not require a medical you can normally get instant life insurance cover with this over 50s plan.Cover is available
for those between 50-80.
Health Cash Plan.
A Health Cash Plan is a simple way to help out with every day health care bills. By paying a regular premium, you can enjoy
money back on dental, optical, physiotherapy and other healthcare treatments.
What are the advantages?
- money back on dental
and optical bills
- money back on treatments
including chiropractic and physiotherapy
- cash if you have to stay in hospital
- money back for many private treatments as well as NHS
- guaranteed acceptance with no medical.
see the Policy Summary for full details of the benefit limits and what is not covered by the plan.
Engage Mutual Child Trust Fund.
are also one of the UK’s leading Child Trust Fund providers (the name behind the CTF provided by ASDA), with a stock
market based Child Trust Fund which has one simple low charge and no hidden extra costs.