Ageas launches low-cost critical illness and term assurance products
Mon, 07 Feb 2011
Ageas Protect has introduced a new range of low-cost critical illness and term assurance products to encourage people who are on tight budgets to think about protection policies .

Low Start offers the same cover as the insurance provider's YourLife plan ( term assurance and/or critical illness cover ) at a lower initial premium, which gradually rises at a rate guaranteed for the entire period of cover. According to the insurer, customers have the opportunity to get 50 per cent more cover than the initial low premium might usually buy them.

Martin Werth, managing director of Ageas Protect, said: "In the current economic climate effective protection has become even more important, but customers' budgets are being squeezed. We have launched Low Start to help customers afford the protection they need now."

He added: "As well as being a solution in the current economic climate it could also suit the large number of customers who buy protection just as they have the additional financial commitments associated with moving house or having a new baby."
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