You don't have to have had your spouse eliminated by Napoleon to use Scottish Widows (but it used to help). Founded in 1815 as Scotland's first mutual life insurer in aid of women widowed by the Napoleonic wars, Scottish Widows provides life insurance and pension plans, as well as annuities and critical illness insurance coverage. The company's Scottish Widows Bank offers mortgages and savings products. Scottish Widows Investment Partnership segment manages over £139 billion in client funds under management. The company is a subsidiary of the Lloyds Banking Group. Its products are sold through direct and independent sales representatives and advisers, as well as through affiliated banks and online.