Following the sale of Direct Line Life Insurance Company Limited, (“Direct Line Life”) to Chesnara plc, Direct Line Life has changed its name to Protection Life Company Limited. The change of name was necessary as the company is no longer owned by the Direct Line Group.
Protection Life is closed to new business but continues to administer existing policies (previously arranged with Direct Line Life) in line with the policy terms and conditions. The majority of these policies are term assurance contracts with a small number of whole of life policies and family income benefit policies.
On 31 December 2014, Protection Life business was transferred under an insurance business transfer scheme into Countrywide Assured plc. If you would like more information about the transfer of business, please visit the Countrywide Assured website at www.countrywideassured.co.uk
Chesnara plc is a holding company engaged in the management of life and pension business in the UK and Western Europe and more information about Chesnara can be found at www.chesnara.co.uk
As a specialist in the management of closed life businesses in the UK, Chesnara will ensure you continue to receive quality service and that under Chesnara’s ownership, the life company will continue to honour the existing terms and conditions of your policy.
The sale of Direct Line Life, change of name to Protection Life and the subsequent transfer of business into Countrywide Assured will not alter your policy benefits or premiums.
If you do need to contact us regarding a policy enquiry, or to make a claim, the contact details remain the same and are provided here and the Contact Us page for ease of reference.