Royal Standard Endowment Assurance Friendly Society Reviews

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4.5 stars
Average rating for this product is: 4.5 out of 5

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Average Ratings for Royal Standard Endowment Assurance Friendly Society

  • Value for Money5 stars
  • Overall rating4.5 stars

1 Review For Royal Standard Endowment Assurance Friendly Society

  • mayfairman Rank: Corporal 17th Jan 2004

    Reviewer rating: 4.5 stars


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    Good Points: Mutual - no shareholders to pay
    Very low overheads
    Low risk investment
    Good bonuses


    Bad Points: Small society
    Bonuses are not compounded
    Maximum investment £270 p.a.


    General comments: The Royal Standard Friendly Society demonstrates that there is still merit in being a mutual, with no greedy shareholders to pay. As a small society the Royal Standard has very low overheads and can give all its surplus to its policy holders, keeping bonus levels much higher than those on insurance company endowments.

    Investors are limited by law to a maximum investment of £270 p.a. in the tax free fund, but over ten years that can easily build up into enough to pay the university top up fee.