Permanent Insurance is revising the rates on its reviewable income protection range.
The range includes its Budget Protector plan which is aimed at first time buyers in the mortgage market to cover the cost of their loan in the event of ill health or accident.
Also included is its Flexi Protector plan providing policyholders with comprehensive income protection and its Business Protector planned which is aimed at covering the costs of ongoing business expenses.
The rate cuts will come into effect by September 1.
Permanent's sales & marketing manager Rod MacDonald says: "These new reviewable rates reflect the continuing commitment of Permanent to provide a comprehensive product range at competitive prices combined with a high standard of service."