About MGM Assurance

Established in 1852 as Marine and General Mutual Life Assurance Society, MGM has since then been rechristened as MGM Advantage. MGM provides world class financial products to the customers which include life assurance, pension solutions along with investment funds and protection products. MGM is a mutual society which allows it to share its profits with the members and customers of the firm and not with anonymous stakeholders. Currently MGM has over £1.8 billion funds under its management thus making it strong financially and keeping the money of its customers safe and secure. MGM focuses on providing value for money and reliability thereby providing complete customer satisfaction without any hassles.

Various schemes for providing complete retirement solutions to the customers are provided by MGM which include retirement advantage plan and pension annuity transfer plan along with fund managers and mutual funds. The retirement advantage plan is a lifetime annuity product which provides for an enhanced annuity policy. Through this scheme, the consumer can receive direct credits for each plan or separate options for each plan.

On the other hand the pension annuity transfer plan is a mixture of personal pension plan and lifetime annuity. It sets up an enhanced annuity policy for all the funds after paying out pension commencement lump sum. It includes of all the money purchase schemes of individual, executive and small occupations.

The retirement options provided by MGM comprise of retirement advantage plan which includes enhanced annuity option thereby giving a regular income to those customers who are impaired by flailing health.

The real advantage in dealing with MGM is that they give what they promise without hidden loop holes and clauses along with specific schemes which cater to all kinds of needs and requirements of the customer.