Private health care operator, BUPA Individual Protection, is reducing the premium rates for its critical illness plans with immediate effect. For critical illness plans bought alongside a mortgage, the rates have reduced by around 7.3% and for stand-alone critical illness cover the reduction is around 5.7%.
For example: A female non smoker aged 30 next birthday taking out £75,000 of critical illness cover alongside a 30-year mortgage will now pay £17.91 a month (£19.21 previously).
Meanwhile, the same individual taking out stand-alone critical illness cover will now pay £29.94 a month (£31.64 previously).
17 March 2008 © Moneyextra.com
Moneyextra.com recommends you should consider taking independent financial advice before acting on any article. Please contact us for help with your individual circumstances if any assistance is required.