PruProtect launches new cut-down plan

clock

PruProtect has released a more affordable version of its life and critical illness policy.

Features including automatic children's cover, guaranteed insurability options and immediate cover have been removed, but customers can upgrade to the existing policy. It does however include severity-based cover and the Vitality incentive programme. The Essentials plan is available online only through IFAs and is intended as a support to their existing PruProtect plan. Deepak Jobanputra, actuarial and product director for PruProtect, said: "We have launched this latest product to provide greater choice and flexibility. "Our philosophy is based upon innovation, choice and compre...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Critical Illness

Defaqto launches critical illness comparison tool

For Engage planning solution

Adam Saville
clock 12 February 2019 • 1 min read

Breast cancer still biggest cause of CI claims - Aegon

Group paid £56m in last decade

Adam Saville
clock 25 October 2018 • 1 min read

F&TRC rolls out age-banded critical illness analysis for advisers

Data from each insurer

Adam Saville
clock 27 September 2018 • 2 min read