Now a part of the Healthy Investment family
All former members of Coventry Assurance had their membership and policies transferred over to Healthy Investment in 2011.
This included funeral benefit, endowment savings plan members and members with Unison Unibond policies.
It means they are now full voting members of Healthy Investment and will receive an invitation to our Annual General Meeting – it’s their chance to vote on important issues, including the appointment of Directors.
Coventry Assurance Products
Unibond Tax Exempt Savings Plan
Endowment Savings Plan
Funeral Benefit Plan
These historic whole of life policies pay out £50 when the policyholder dies. All of the policies we hold no longer have to pay any premiums although their benefit is guaranteed regardless of age.
If you think clients have held a Coventry Assurance policy in the past please contact us to check if they are still entitled to a payout.
Ring Fenced Fund
When the assets of Coventry Assurance were transferred to Healthy Investment in 2011 they were put into a ring fenced fund to ensure that the members of Coventry Assurance benefit from the investment growth.
The fund aims to provide members with steady growth through a low risk, actively managed fund over a medium to long term, whilst smoothing out the fluctuations in investment markets.
It offers investors a way to invest and save for their future in an ethical and cautious With-profits Fund which allows them to invest in a mix of different assets including government and company bonds, UK and global shares, commercial property and cash deposits, which might be difficult to achieve as a direct individual investor.
The Coventry Assurance Ring Fenced Fund does not directly invest in companies in alcohol, arms or tobacco industries and gambling and pornography providers.