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Life insurance issues for 90 year old
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but to seem whiter than white they sell their older policies to Friends life so the payments can still be collected.
AXA sold their legacy book to Phoenix who decided to use part of one of their other brands (Friends Provident) to create a new name called Friends Life. The name of the company has no impact whatsoever on the policy terms of any existing policies.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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