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Norwich Union cuts life insurance prices

Norwich Union has cut prices across its Mortgage Life Insurance range.

Darren Dicks, head of protection marketing for Norwich Union, says: "As mortgage repayments are increasing, some people are feeling the pinch and there is evidence to suggest that some may even be sacrificing insurance payments in order to cope with rising housing costs. Decreasing benefit policies such as mortgage life ones, generally offer customers a more affordable option, as the cover reduces along with the mortgage, so people should not need to take the risk of going without insurance."

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