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.” Contact: Scott Sinclair News Editor 020 7034 2636 [email protected] IFAonline
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes