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Bupa Individual Protection critical illness rate review
6 March 2006
Bupa Individual Protection has reviewed its rates for its awarding-winning critical illness with life plans.
Effective from 6 March there will on average be a three percent reduction in the monthly cost of providing critical illness. The new rate puts Bupa Individual Protection into a strong position as one of the top five leading rates for this product type.
A male non smoker aged 25, applying for £100,000 of cover over 25 years, will now pay £20.00.
Bupa Individual Protection have also just been voted “Best Critical Illness Provider”, by leading protection IFA, LifeSearch for the second year running. The judges commented on the breadth of the coverage that the product offered. And leading independent product research firm Defaqto has awarded the decreasing term assurance version of the product a 5-star rating for the second year running. The level term assurance and stand alone critical illness products received 4-star ratings.
Steve Casey, product manager at Bupa Individual Protection said: “We’re delighted to be recognised once again as providing a comprehensive critical illness product by these two leaders in their fields. This, coupled with the rate review, means that the cover is even more affordable and will help IFAs in bridging the protection gap.”
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