Schoolteachers Friendly Society Reviews

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Schoolteachers Friendly Society

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Latest Reviews


“Despite its name and history the Schoolteacher's...”

Written on: 09/12/2004 by paulandemiko (1 review written)

Despite its name and history the Schoolteacher's Friendly Society is open to anyone. Its main business is the Sickness Income Plan, a form of income replacement insurance. The scheme sounds fearfully complex but, in practice is simple to use. In essence a member pays in a monthly premium plus 50p admin fee. For every day of sickness the Society will pay the monthly fee to the member from day 1. The payment comes partly from the members fund and partly from the society's investments. A member… Read Full Review

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