Red Rose Assurance

Red Rose Assurance has been providing mutual finanical services since 1863.

Formed in 1863 as Blackburn Philanthropic Mutual Assurance Society, Red Rose Assurance, has been providing members throughout Lancashire and much further afield, with savings, investment and life assurance for many years.

In February 2025 it joined with The Rechabite Friendly Society, becoming a trading name of the Society. 

Being mutual means there are no shareholders to benefit from your investment. 

We don't just take an ethical approach to our investments, we make sure we do things right throughout our business. 

This includes:

• Treating members fairly, with respect and courtesy at all times
• Maintining the highest standards of corporate governance
• Making sure claims, withdrawas and surrenders are processed immediately
• Bring fair to employees and promoting equality - we're an accredited living wage employer
• Attempting to reduce our environmental impact through effective use of resources and recycling
• Ensuring supplier and intermediaries and paid promptly
• Using fairly tranded products whenever possible

Red Rose Assurance is a trading name of The Rechabite Friendly Society Limited who authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

The Society is covered by the Financial Services Compensation Scheme (FSCS). This is a fund helping to protect policyholders in cases where their provider becomes insolvent or ceases trading. Compensation may be payable if the financial services organisation is no longer able to pay claims against it. More details can be found at www.fscs.org.uk