Shepherds Friendly Society Over 50s Life Insurance Review
Marvin's low-down on Over 50s Life Insurance from Shepherds Friendly Society
The experts say:
Shepherds Friendly Society's Over 50s Life Insurance provides a great option for those looking to get life insurance coverage without having to pay ongoing premiums. The policy offers full payout in the event of accidental death during the waiting period, making it a great way to ensure that your family is provided for if something should happen to you. After 24 months, you can take advantage of the full benefits offered by the policy. Additionally, signing up for the policy comes with an attractive incentive of a £50 gift card. Finally, Fairer Finance has given this policy a 4-star rating, indicating that customers are satisfied with the product overall. All in all, Shepherds Friendly Society's Over 50s Life Insurance is an excellent choice for those looking for life insurance cover without long-term commitments.
What Shepherds Friendly Society customers are saying right now:
The Good
- :thumbsup: Excellent range of financial products to choose from, including life insurance.
- :smile: Easy and quick to set up an account and make changes.
- :money_with_wings: Great value over 50's plan with £1500 more guaranteed payment than the leading provider.
- :white_check_mark: No confusing jargon or terms and conditions.
- :heart_eyes: Friendly, helpful and patient customer service staff.
The Bad
- 🤬Shepherds Friendly Society has poor service, with the staff re-iterating terms and conditions as an excuse.
- 🤬They charge an excessive fee for early cancellation of savings accounts with a low bonus rate.
- 🤬Their customer service is not up to standards, with them making excuses to avoid paying out on valid claims.
Shepherds Friendly Society customer reviews summary
Shepherds Friendly Society has received mixed reviews from customers, with some praising the range of financial products on offer and their easy-to-use website, while others have experienced poor customer service and a lack of clarity around terms and conditions. Although there may be some confusion about expectations for payment, Shepherds Friendly Society's website is straightforward and easy to navigate. Overall, Shepherds Friendly Society appears to provide decent financial products but could do better in terms of customer service. Score: 6/10
Is Shepherds Friendly Society one of this year's Top 10 Over 50s Life Insurance companies?