
Home / Types of Life Insurance Policies / - Royal Liver Assurance, Life Insurance Company
Royal Liver Assurance manages over 5 million policies and has over 1 million members.
Royal Liver Assurance was originally known as the Liverpool Burial Society and was set up in July 1850 by a group of working men in the Lyyer Inn. The aim was to provide for “the decent interment of deceased members”.
At the time Liverpool ’s port was attracting many hundreds of the poor and impoverished who had little or no provisions in place in the event of their death.
The newly founded Society was very popular with these people, for as little as a penny a week, members, whatever the hardships they might suffer in life, were at least assured of avoiding a pauper’s grave.
At the end of the 1890’s a decision was taken to build a new head office building to reflect the pride felt by those who worked for the society. The result was the Royal Liver Building , built at the Pier Head in Liverpool in only three years and opened on 19 July 1911. Today, restored by extensive refurbishment, it remains a world famous landmark.
Delegation System
To ensure that members are represented today, Royal Liver Assurance operates a delegation system. This system was first introduced in 1886 and today some 230 or so elected delegates from all over the UK and Ireland act as the sole representative body of the Society. The delegates meet once a year at the annual general meeting and are authorised by the rules of the Society to take decisions on behalf of the members.





