British Friendly signs up to PDG's 'Funeral Payment Pledge'

clock • 2 min read

British Friendly has signed up to the Protection Distributor Group's (PDG) funeral payment pledge and paid its first claim under the benefit.

  Earlier this year, British Friendly added Bereavement Benefit to its Mutual Benefits programme.  The benefit provides a lump sum to members who suffer the loss of their spouse, partner or child and is provided to all new and existing insured members at no extra cost. The amount payable will be a lump sum equal to thirteen times the member's weekly Income Protection benefit with a minimum payment of £1,000. On the day Bereavement Benefit launched, British Friendly received an enquiry from an adviser whose client's wife had died the previous week following a long battle with can...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Whole of Life

Partner Insight: Unlocking Value or Creating Risk? Reframing the Secondary Market for Life Policies

Partner Insight: Unlocking Value or Creating Risk? Reframing the Secondary Market for Life Policies

In this article, Paul Higson CFP Chartered FCSI, Intermediary Distribution Manager at webuylifepolicy.com, addresses a key theme emerging from reader feedback, specifically how this evolving model is designed to support and protect vulnerable customers.

Paul Higson CFP Chartered FCSI, Intermediary Distribution Manager at webuylifepolicy.com
clock 06 May 2026 • 5 min read
Partner Insight: Rethinking the value of life policies

Partner Insight: Rethinking the value of life policies

Paul Higson CFP Chartered FCSI, intermediary distribution manager, webuylifepolicy.com, highlights in Cover Magazine that life policies may retain ongoing value, encouraging advisers to reassess and potentially unlock better outcomes for their clients.

webuylifepolicy.com
clock 14 April 2026 • 3 min read
Brits unable to access finances after death of loved one: Tesco

Brits unable to access finances after death of loved one: Tesco

37% say loved ones do not know their passwords

Cameron Roberts
clock 28 October 2025 • 2 min read