AXA has cut rates across its life protection range to keep up with an increasingly price-driven market.
The biggest drop, of 9%, is for its Guaranteed Level Life Cover with an average reduction of 6% across all products.
Other covers affected include Decreasing Life Cover and Earlier Critical Illness Cover.
Iain Mallon, director of protection marketing at AXA, says: “As part of our continuous review of our pricing we have brought down the cost of these covers to make sure we remain one of the most competitively priced protection insurers.”
Life insurance: News update: June 2008