charles dickens sun life assurance society insurance policy

In 1938, it was made into a Southern Divisional Centre in preparation for the war. In the years leading up to the Second World War, Sun Life Assurance Society owned East Hall, a house in the outskirts of Orpington. In 1921, the non-medical scheme was finalised, meaning approved people aged 50 or over could get immediate whole of life cover without the need for a medical examination. Towards the end of that year, they became the first company in the industry to offer life assurance without a medical examination. Sun Life Assurance Society's first monthly premium plan was introduced in 1900. Sun Life Assurance Society bought over twenty life insurance societies during the late 19th and early 20th century and incorporated them, their branch offices and employees into the business. Harris Saunders was the Actuary and General Manager. In 1891, the company set up the Sun Life Assurance Company of India, with offices at 7 Council House Street, Calcutta, and a local Board of Directors. ġ884 became a landmark year as Sun Life Assurance Society issued more than 1000 policies for the first time.

The first Sun Fire Office salesman, Edward Trescott Liddell, was hired in 1865. Amongst the life assurance candidates was Charles Dickens in 1838, whose application was declined by the Society on the grounds that he “works too much”. Dr Henry Herbert Southey had previously been a Physician-in-Ordinary to the Monarch in 1823, and later Physician-Extraordinary for Queen Adelaide. In 1835, the Society appointed its first Medical Officer to assist in the selection of lives for Assurance.

At an 1815 board meeting it was decided that, for the future, burial as well as death certificates would be required to substantiate claims. The society's first office opened opposite the Bank of England in London, and actuary Joshua Milne was appointed the first member of staff.ĭuring its first 12 months, Sun Life Assurance Society wrote 132 policies for a total sum assured of £163,150. SunLife can trace its history back to the establishment of the Sun Life Assurance Society on 28 March 1810, when the Sun Fire Office Board launched a separate company to offer life assurance. Their partners are also members of the Equity Release Council (Age Partnership) and the Funeral Planning Authority (Dignity Funerals). The company is a member of the Data & Marketing Association. SunLife is regulated by the Financial Conduct Authority and their qualifying products are covered by the Financial Services Compensation Scheme. SunLife has been part of the Phoenix Group since 2016. In 1900, they became the first company to offer life insurance without a medical. SunLife offers over 50s life insurance, equity release, funeral plans and home insurance in the United Kingdom. Founded in 1810, the company is best known for its range of services for people aged 50 and over. SunLife Ltd is a UK-based financial services company.

Charles dickens sun life assurance society insurance policy