Important note: The information in this section is intended for use by journalists only and customers should not use it to make financial decisions. Please remember that information in past press releases may no longer be current

• Now available for companies with 50 or more employees
• Friends Life extends policy following positive market feedback

Friends Life has announced that it is extending its Group Cancer Cover to companies with 50 employees or more.

When the unique benefit was launched in January a minimum of 100 employees were needed for a business to qualify for the cover.

However, after receiving a large amount of positive feedback from the market, Friends Life has announced that companies with just 50 employees will now be able to take advantage of Group Cancer Cover.

Anna Spender, Head of Group Protection Proposition at Friends Life, said:

"The response to Group Cancer Cover has been fantastic but what was really important is that we listened to what intermediaries and our customers wanted. We were getting requests for quotes from smaller businesses and weren't able to fulfil those requests. It became clear very quickly this is a benefit that SMEs are really interested in and I'm pleased that we've been able to react so quickly.

"Group Cancer Cover is simple and affordable and provides a level of benefit to help with the additional costs people face while going through cancer treatment. It means companies with budget constraints, and now those with a smaller workforce that may have little in the way of workplace benefits can take advantage of it and offer their staff valuable cover.

"It's a whole of workforce solution so companies can offer it to those employees who may not have access to Private Medical Insurance or group critical illness cover."

Group Cancer Cover was the first employer funded cancer-specific workplace benefit in the UK. It is available to any company looking to insure 50 or more members of staff and the benefit will pay a fixed amount of £25,000 to employees who are diagnosed with a cancer covered by the plan*.

*Policy definitions apply. Not all cancers are covered.

-ENDS-

For more information please contact:

Ben Moss, PR Consultant ben.moss@friendslife.co.uk Tel: 0117 928 5843 M: 07827 832395

Ref: N0236

Notes to Editors

Friends Life provides pensions, investments and insurance for over five million customers. Our key business lines are corporate benefits, protection and retirement income.

Friends Life is the brand name of Friends Life Group Limited.

Our heritage dates back to 1810, with Friends Provident being founded in 1832 to help alleviate the hardship of Quaker families facing misfortune.

Other brands in the Friends Life group include:

  • Friends Provident International, which provides life assurance, pensions and investment products to Asia, Middle East, Europe, UK and other selected markets.
  • fpb AG, a wholly owned distribution partner in Germany.
  • Sesame Bankhall Group, which was formed in 2009, combining an IFA network, support service provider and mortgage club, to create a large distributor of professional support services to financial advisers.

Important

This news service is for information purposes only and does not provide any form of advice, recommendation or financial promotion. Any opinions expressed by third parties are those of the third party concerned and not of Friends Life Group Limited. Friends Life Group Limited does not accept liability for any errors or omissions or for loss incurred because of reliance on information or opinions given.

The content of the news items set out above are accurate only as of the date of issue and Friends Life Group Limited does not undertake any obligation to update them.

Useful links:

www.friendslifegroup.com/media-centre.aspx
www.flickr.com/photos/friendsimages
www.twitter.com/FriendsLifeTalk.

To follow Friends Life twitter page on your mobile, simply text "follow FriendsLifeTalk" to 86444 (UK only)

Friends Life is a business name of certain companies in the Friends Life group including the following

Friends Life and Pensions Limited Company number 475201
Friends Life Limited Company number 4096141
Friends Life FPLMA Limited Company number 00004599

Each of the above companies is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority

Friends Life Marketing Limited Company number 5059179
Friends Life Investment Solutions Limited Company number 6389025
Friends Life Services Limited Company number 3424940

Each of the above companies is authorised and regulated by the Financial Conduct Authority.

Friends Life Management Services Limited Company number 983330 is an appointed representative of Friends Life Services Limited, Friends Life and Pensions Limited and Friends Life Limited.

Friends Life The Blue Line Limited Company number 3146254 is an appointed representative of Friends Life Marketing Limited.

Suntrust Limited Company number 1460956 is not authorised or regulated by either the Prudential Regulation Authority or the Financial Conduct Authority.

Each company is an incorporated company limited by shares and registered in England and Wales with a registered office at Pixham End, Dorking, Surrey RH4 1QA

Telephone calls may be recorded. Friends Life is a registered trade mark of the Friends Life group www.friendslifegroup.com.

distributed by