Norwich Union Healthcare has launched a new range of Cash Plans with improved benefits and a wider choice of premium options to suit both individual and family members.
Norwich Union Healthcare has launched a new range of Cash Plans with improved benefits and a wider choice of premium options to suit both individual and family members.
New features of the latest products, which replace Norwich Union Healthcare's existing range of individual and voluntary scheme Cash Plans, include:
- Payments for routine travel vaccinations and medical check-ups by GPs
- Increased limits for routine dental checks and eye tests, which now offer 100%
- Individual cover available for as little as 20p a day, and family cover available for an additional 13p per day
Carolyn Derrington, head of business development for Norwich Union Healthcare, said: "Our Cash Plans are already award-winners, but we are constantly looking at ways to improve and enhance our products and they now represent even better value for money."
With only 11.6% of the UK population currently covered by a health cash plan, and considerable future growth predicted due to the increasing cost of primary healthcare - particularly dental and optical costs - these new products provide affordable individual, affinity or voluntary scheme options.
Intermediaries can rely on Norwich Union Healthcare's dedicated support teams to provide expert assistance during the sales process.
Standard commission is 25% initial and 5% renewal, based on the annual premium.
Anyone wanting more information about Norwich Union Healthcare Cash Plans should call 0800 0150 221.
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Media contact - Louise Zucchi, Norwich Union Press Office, 08703 666860
Notes to Editors:
- Norwich Union Healthcare was founded in 1990 as the healthcare arm of Norwich Union and now provides a range of income protection and private medical insurance products to to around 750,000 customers. It is one of the largest providers of income protection and private medical insurance in the UK.
- CGU and Norwich Union merged on 30 May 2000 to create CGNU plc - the UK's largest insurance group and one of the top-five insurers in Europe with substantial positions in other markets around the world, making it the world's sixth largest insurer based on gross worldwide premiums
- CGNU's principal business activities are long-term savings, fund management and general insurance, with worldwide premium income and retail investment sales from ongoing business of over Ł27 billion, and assets under management of more than Ł200 billion (as at 30 June 2001).
- From October 2000, the combined life and pensions, general insurance and retail fund management businesses in the UK operate under the Norwich Union brand, while the institutional investment business operates under the Morley Fund Management brand.
- Member of the General Insurance Standards Council.
- Norwich Union's news releases are available on this website.
- A selection of images are available from the CGNU Newscast site at www.newscast.co.uk.
For life and pensions media enquiries 08703 666873
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