Healthcare and protection insurer Exeter Family Friendly has today announced that with immediate effect, it is cutting premiums on its “Health Cover for Me” private medical insurance (PMI) plan by up to 12.5%.
The Exeter based mutual insurer has again signalled its intentions to be a serious player in the PMI market, following the introduction of innovative switch and moratorium underwriting options earlier this year.
Commenting on the premium decrease, Head of Intermediary Sales Mike O’Brien said:
“We know that intermediaries like “Health Cover for Me” because it is simple, straightforward and won’t leave their customers in trouble when they need it most. But what they have also been telling us is that, in the current financial climate, people are being forced to tighten their belts and increasingly looking for more affordable PMI.”
“As a business, we are committed to intermediaries and listening to their feedback is a key aspect of what we do. As a result, we’re delighted to “put our money where our mouth is” and give advisers yet another reason to look at us and what we can do for their business.”
The premium reductions, which vary by age, will be applied to the insurer’s flagship PMI plan.
Continuing, O’Brien said:
“Health Cover for Me is PMI for the more discerning customer. There are no financial or time limits to the cover and all stages of cancer care are covered, together with any clinically approved drugs.”
Source : Exeter Family Friendly Press Release