Find out more about the transfer of members and policies from Coventry Assurance to Healthy Investment.

Healthy Investment has agreed to accept a transfer in of all the members and policies previously held with Coventry Assurance Society. This includes funeral benefit and endowment savings plan members and members with Unison Unibond policies.

Following the overwhelmingly positive vote of members at the Extraordinary General Meeting and approval of the Financial Services Authority, the actual transfer of engagements took place on 28th October 2011.

Under the terms of the transfer there are no changes to the terms and conditions of your policy. 

Previous Coventry Assurance members are now full voting members of Healthy Investment.  All of the assets and liabilities of Coventry Assurance have now been transferred into Healthy Investment, although they will continue to be kept in a separate ‘ring fenced’ fund.

Further information about how we will manage this ring fenced fund and calculate your bonuses can be found in our customer friendly version of the principles and practices of financial management, which you can download here.  You can also download a copy of the full technical PPFM here.

Prior to agreeing to complete the transfer Healthy Investment commissioned an Actuarial investigation.  You can download a copy of a summary of his report. download

If you have any quetions relating to the transfer or your policy then please do not hesitate to contact us.