Bright Grey reduces rates for reviewable plan holders
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Bright Grey is reducing its premiums for existing plan holders who have reviewable life or critical illness cover.
Premiums for reviewable critical illness plans are guaranteed for the first five years, after which premium rates are reviewable.
Reviews are carried out to determine whether the premium will be changed at the fifth anniversary and every year thereafter.
Ian Smart, head of product development and technical support at Bright Grey, says: “For consumers looking for a cost effective option, the reviewable premium represents excellent value for money and will provide peace of mind that loved ones will be looked after financially should the worst happen.
“These changes ensure that Bright Grey’s proposition continues to offer quality cover at competitive rates.”
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