Select & Protect launches new age-based MPPI product

Select & Protect's new Intego proposition classifies applicants into five-year age bands starting with an 18-25 group all the way up to a 55+ category. Its creators claim the cover is unique in the marketplace and is the first to avoid hitting MPPI customers with a one-size-fits-all policy. "Intego works on the basis of your age at entry and you retain the price you were paying when you first took out the cover throughout the duration of the policy. Understandably, there is a big difference between the premiums for a 25-year old and the premiums for a 55-year old," said Bruce Reid, managin...