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Zurich cuts cover rates by 25%

Zurich returns to the protection market following its recent re-brand to Zurich Assurance.

It announces the reduction of its critical illness, term assurance and decreasing mortgage cover products by 25 per cent.

It also proposes to review its rates on income protection and adaptable life plan in the second half of the year.

Zurich has also been appointed as the protection provider for multi-tie distribution firm Openwork, formerly ZAN, and plans to expand its IFA and multi-tie propositions during 2005.

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