The life insurance provider, Bupa has announced that it has lowered the cost of its life insurance cover and critical illness protection.
The insurance provider, has reduced the costs, in the aim of helping its customers who are having to restrict their expenses due to the credit crunch, limited expenditure and the rising cost of living.
A policy for an average 35-year-old male, non-smoker with a mortgage-guaranteed policy, could be paid a £250,000 sum at the end of the term, but could now be paying up to 16 per cent less, or around £13.90 per month, instead of £16.73.
A 40-year-old female non-smoker, with the same amount of cover could have up to 22.5 per cent taken off of their premium cost, paying £15.48 instead of £19.98.
Steve Casey, product and marketing manager at Bupa Individual Protection made comments on the changes to their policies. He said: "We aim to assist the intermediary where we can. The changes to our rates mean there has never been a better time to consider Bupa Individual Protection for your clients' protection needs."
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