Company Information

Get to know workerslife

Workers Life Ltd is a UK-based insurance provider founded with the mission to offer a straightforward and accessible financial safety net for working people and their families. With historical roots in the trade union movement and backing from Unite the Union, the company focuses on providing essential coverage like life insurance and income protection without complex jargon or processes. Their business model emphasizes ethical practices, affordability, and leveraging technology to make insurance more accessible to a broad audience that may be underserved by traditional insurers.

Industry

Financial InsurancePRIMARY
Financial Other Service

Contact

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workerslife

South Africa

Founded in

1996 (30 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

--/90

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Regulated

Recommended

(78 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.