|
|
Article: Scottish Equitable's rates calm rocky market.(Brief Article)
- Article from:
- Financial Advisor
- Article date:
- February 17, 2005
CopyrightCOPYRIGHT 2005 FT Business. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
SCOTTISH Equitable's new rates prove that the critical illness market is stable after two rocky years, according to an IFA.
Scottish Equitable Protect has mounted a comeback in guaranteed rates after nearly two years out of the market. It withdrew from the guaranteed rate market for critical insurance and life insurance with CI around April and May of 2003.
Kim Barrett, proprietor of Essex-based KS Barrett & Associates, said: "It is an obvious attempt to attract new business, but it does indicate that rates are stablising.
"Guaranteed rates will make it easier to advise a client as you can be confident they will not suffer the vagaries of ...