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Critical Illness Insurance : Norwich Union cuts prices

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Norwich Union Life has cut prices on many of its combined Life and Critical Illness policies
 
For Life and Critical Illness cover
  • For premiums on a guaranteed basis, there is an average decrease of 0.3%, with 88% of prices cut.
  • For premiums on a reviewable basis, there is an average decrease of 4.1%, with 98% of prices cut.
 
For Mortgage Life and Critical Illness cover
  • For premiums on a guaranteed basis, there is an average decrease of 0.5%, with 70% of prices cut.
  • For premiums on a reviewable basis, there is an average decrease of 4.4%, with 97% of prices cut.
 

Example Premiums      

 
Life and Critical Illness on guaranteed premium basis
A female non-smoker who is 35 at her next birthday, with £100,000 benefit on a 15-year basis.
New monthly premium£31.30
 
Life and Critical Illness on reviewable premium basis
A male non-smoker who is 45 at his next birthday, with £100,000 benefit on a 20-year basis.
New monthly premium£31.30
 
Related links

Life and critical illness cover: News update: August 2006