We are Trusted

With no shareholders to satisfy our members are our only priority

We are mutual

We are owned by you and work for your benefit

We offer a quality service

you can always speak to a member of staff

Our society representatives will call to your home to collect premiums, pay maturity cheques or deal with a death claim

We are experienced and have been looking after our members since 1904

Our products are Tax Free

Creating Value, Sharing Value

Delivering financial security to our members throughout the north east

Tax Free Five Yearly Bonus Policy

This policy pays out a guaranteed lump sum on the death of the person assured plus it pays a cash bonus of 200 times the weekly premium directly to the policyholder on every fifth anniversary of the policy (i.e. if you pay £5per week on every fifth anniversary of the policy the society representative will deliver directly to you £1000).

It is available to all individuals between the ages of 1-60. Bonuses are added to the policy annually and once added cannot be taken away. In addition a further bonus maybe added to the claim. This is the method of distributing the profits of the society back to the members and unlike Insurance Companies there are no shareholders taking a slice of the Society’s profits.

Download Key Features Document