TFS started in 1885 as a members’ club at a bus company providing peace of mind to drivers who, in exchange for a penny or two per week, knew that if they died while working on the buses, their loved ones would have some money to help them pay for essentials.
The principles are the same today. We still provide that peace of mind through our Sickness and Hospitalisation Plans, as well as offering a place to save with our Tax-free Savings Plans. Membership is open to anyone associated with passenger transport, their family and friends. Our products are designed especially for anyone working in the passenger transport industry and we believe are affordable.
In 2022, the Transport Friendly Society had over 21,000 members across the passenger transport sector, and assets worth over £73 million under management. And of course, we’re fully regulated by the UK’s financial authorities. Did you know? In 2022 the Transport Friendly Society paid out over £1.5 million in Sickness claims, including Covid related claims and nearly £150k in Discretionary Benefits. Even if you change employer or leave the passenger transport industry you may still be able to keep your plan!
