Scot Prov completes income protection price overhaul

The changes are effective immediately and will affect the majority of Scottish Provident's income protection policy-holders. In the case of a non-smoking male aged 35, on a 30 year policy with increasing rates, a deferred period of 26 weeks and a waiver of premium, the repricing represents a saving of 13%, at £20.88 a month down from £24.05. Susan Barclay, head of marketing, Scottish Provident, says: "Today's changes emphasise Scottish Provident's continued commitment to offering comprehensive, yet cost efficient income protection, which is of vital importance for people looking to pr...