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12 October 2009 Bupa Individual Protection Reduces Income Protection Rates Bupa Individual Protection is reducing the cost of its award winning income protection cover by an average of ten percent with immediate effect. The new rates mean that a 35-year-old male non-smoker, on a guaranteed level premium to age 65 with a three month deferred period, will pay £50.79 per month instead of £56.83 (10.6 percent reduction) for a benefit of £2,500 per month. Commenting on the reductions, Steve Casey, Bupa Individual Protection’s head of product development, said: “We are committed to supporting our intermediary partners and ensuring that our income protection cover remains an affordable five-star option. Given the current economic downturn, when people are worried about whether they even have a job, they need to protect themselves and their incomes now more than ever against the financial impact of ill health.” Bupa's ranges of income protection and critical illness products have achieved five star ratings from Defaqto, a leading independent research company which rates products across the whole market. - Ends -
For more information contact: Notes to Editors: About Bupa: Its main interests are health insurance, care homes for young disabled and older people, workplace health services, health assessments and chronic disease management services, including health coaching and healthcare services in the home. While Bupa’s largest and original business is in the UK, it has significant operations around the world including Sanitas in Spain, MBF, HBA, Mutual Community in Australia, IHI in Denmark and Health Dialog in the US. Bupa also has businesses in Hong Kong, Thailand, Saudi Arabia, India, China and Latin America. In addition, Bupa Care Services owns care homes in Spain, Australia and New Zealand. Bupa has no shareholders. We reinvest our money to provide better healthcare for our customers, helping them to live longer, happier, healthier lives. |
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