National Friendly

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National Friendly
TypeFriendly Society
IndustryInsurance
Founded1868 (Albury, Surrey)
Headquarters11-12 Queen Square
Bristol
BS1 4NT
Area served
United Kingdom
ProductsHealth insurance, later life care, life assurance and investment products
SubsidiariesNational Friendly Financial Solutions Limited
Websitewww.nationalfriendly.co.uk
Office at 11-12 Queen Square, Bristol

National Friendly is the trading name of National Deposit Friendly Society, a British friendly society providing financial products and services.

It was formed in 1868 as the Surrey Deposit Friendly Society. As of 2021, National Friendly is based in Queen Square, Bristol.[1][2]

History[]

The Surrey Deposit Friendly Society was founded in 1868 by The Reverend Canon George Raymond Portal, who set up a scheme to support the health and welfare of families. The name was changed to National Deposit Friendly Society in 1871.

The National Insurance Act was introduced in 1911 and passed in 1913.[3] This was the first time the State took contributions from the public towards medical care.[4] Friendly societies and trade unions were given a major role in administering health insurance, which increased National Friendly’s membership.[5][6]

During World War I, National Friendly established its own convalescent home, which offered support to injured soldiers.[7]

During World War II, National Friendly moved to Somerset[citation needed]. Provision of medical services was changed when the NHS was formed in 1948.[8]

In 2011, National Friendly stopped writing new health insurance policies due to capital inadequacy issues. It resumed such activity in 2016.[9]

References[]

  1. ^ "Europe's largest Georgian Square becomes new home for National Friendly". capitolsignsbristol.co.uk. Archived from the original on 28 September 2020. Retrieved 16 July 2021.
  2. ^ "About Us". nationalfriendly.co.uk. Archived from the original on 25 July 2018. Retrieved 15 July 2021.
  3. ^ BMA (1913). "Regulations For Medical Benefit. Text Of The New Draft Regulations". The British Medical Journal. 2 (2759): 401–420. JSTOR 25307868.
  4. ^ Dan Moorehouse. "National Insurance Act 1911". schoolhistory.org.uk. Archived from the original on 2 November 2019. Retrieved 15 July 2021.
  5. ^ Cordery, Simon (2003). British friendly societies, 1750-1914. Basingstoke: Palgrave Macmillan. ISBN 9780230598041. OCLC 1205395891.
  6. ^ Beveridge, William H. (2015). Voluntary Action: A Report on Methods of Social Advance. London: Routledge. ISBN 9781317572992. OCLC 897376725.
  7. ^ "Portal House". St. Margaret's Village Archive. Archived from the original on 14 January 2020.
  8. ^ National Friendly - 150 Years Together. YouTube (Motion picture). 20 April 2018. Event occurs at 0m52s.
  9. ^ Walker, Peter (20 June 2016). "National Friendly returns to intermediary market". FT Adviser. Archived from the original on 21 June 2016. Retrieved 16 July 2021.
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