Bright Grey latest to hold rate review

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Bright Grey is the latest protection provider to conduct a rate review of its life and critical illness cover.

From today (3rd June), average rates have been reduced on some pure level life cover and decreasing rates, along with cuts to the premiums paid for reviewable rate CI and life cover. Mark Locke, communications manager at Bright Grey says prices have been reset to try and maintain a competitive position in the market where needed. As a result, Bright Grey’s standalone CIC will remain as currently priced because the firm believes it is already competitively priced. "You will see the most impact on our decreasing covers, which we have re-priced to be very competitive. Since the start ...

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