Protection provider Bright Grey is throwing its hat into the guaranteed rate life and critical illness arena on November 15th.
Premium pricing indicators will not be accessible until launch date in two weeks time, however, officials at the protection provider firm say they will now be able to offer competitive rates on both guaranteed and reviewable life and CI products as the next stage of the company's development. Bright Grey entered the protection market with reviewable rate cover only in March 2003, as there was still substantial uncertainty at that time about the survival of guaranteed CI products. Pricing of guaranteed products was substantially higher at that time as liquidity and pricing issues in th...
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