AXA cuts rates on half of protection accounts

Products affected include level life cover, decreasing life cover, guaranteed level life or earlier critical illness cover (with TPD) and guaranteed decreasing life or earlier critical illness cover (with TPD). Iain Mallon, director of protection marketing at AXA, said: “These new rates for the AXA Protection Account will be among the most competitive in the market. "We are committed to not only offering quality products and efficient processes, but also ensuring these are priced so that protection is affordable for consumers.” IFAonline