Norwich Union reduces premium rates on term assurance products

26 April 2005
Norwich Union has reduced the premium rates on its term assurance products.

Four products - two term assurance and two mortgage life insurance - are affected by the rate changes.
Premiums for term assurance without integrated guaranteed critical illness premiums have been reduced by an average of 2.6 per cent, whilst premiums for term assurance with integrated guaranteed critical illness have fallen by an average of 4.7 per cent, Norwich Union has announced.

In addition, the company revealed that mortgage life insurance without integrated guaranteed critical illness premiums have been reduced by an average of 2.5 per cent and mortgage life insurance with integrated guaranteed critical illness premiums have been reduced by an average of 5.2 per cent.

However, premium charges for specific cases will vary.

Click here to find out more about life insurance.

track© DeHavilland Information Services plc