Bupa has made price cuts on life and critical illness policies.
Example of monthly premium movements for life:
- A male non-smoker aged 34 on a mortgage guaranteed policy with £250,000 sum assured over 25 years, the premium reduces from £16.73 to £13.90 (16.9 percent reduction).
- A female non-smoker aged 39 on a mortgage guaranteed policy with £250,000 sum assured over 25 years, the premium reduces from £19.98 to £15.48 (22.5 percent reduction).
Example of premium movements for critical illness with life:
- A male non-smoker aged 34 on a level guaranteed policy with £100,000 sum assured over 25 years, the premium reduces from £42.71 to £40.81 (4.4 percent reduction).
- A female non-smoker aged 39 on a mortgage reviewable policy with £200,000 sum assured over 15 years, the premium reduces from £51.94 to £49.86 (4.0 percent reduction).
Life insurance: News update: September 2008