Scottish Provident Self Assurance premium rates altered

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Scottish Provident Self Assurance premium rates altered

Mon 25th Sep 2006

Scottish Provident has altered the premium rates on its death or earlier critical illness benefit, it has been announced.

The majority of Scottish Provident Self Assurance rates will fall and a small number will increase, said Abbey for Intermediaries, which is the exclusive distributor of Scottish Provident protection products to intermediaries.

The re-price means that a 40-year-old male non-smoker will save more than £30 on annual premiums for level term assurance with guaranteed rates. A 30 year-old female taking out a decreasing sum assurance will pay £20 less a year.

Ricky Okey, managing director of Abbey for Intermediaries, said: "This re-price demonstrates our ongoing commitment to offering customers a great deal on their plans and reinforces Scottish Provident's position as a leading provider of protection products.

"With rates reduced or remaining the same on most of our death or earlier critical illness policies, customers can be reassured of the same extensive cover, but with even better value for money."

The new Scottish Provident Self Assurance premium rates are effective from September 25th 2006.

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