AXA cuts rates across half of protection products

The firm has revised its rates for Level Life Cover, Decreased Life Cover, Guaranteed Level Life or Earlier Critical Illness Cover, and Guaranteed Decreasing Life or Earlier Critical Illness Cover. The largest drop is in Decreasing life Cover for a 35-year-old female smoker, with a cut of 21% - from £14.67 to £11.58 a month There are also cuts of 12% (Level Life Cover), 17% (Joint Life Cover), and 8% (Decreasing Life or Earlier Critical Illness Cover). AXA says some of the premium changes will remain the same, while some could increase. Iain Mallon, director of protection marketing ...