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Pru updates life and critical illness rates

The Prudential is again updating its life and critical illness rates effective from August 25. It says the changes, which follow a revision announced in July, will see increases and some decreases on a case by case basis and is in reaction to market changes, particularly changes in reinsurance terms, which is expected to cause other insurers to do the same. Before this the Pru&#39s rates were increased retrospectively in April. New rates will be given to all applications received on or after August 25.

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