Insurance
TOWER premiums to rise 7%
Friday 21st of May 2010
The increase is to its new and existing Life Cover policies in the TOWER Life 360 and TOWER Business 360 product ranges.
This increase only relates to life cover and there will be no general premium increase for any other individual risk products including trauma cover, permanent disability cover or income protection cover.
TOWER Health & Life chief executive Steve Boomert says there will be no changes to commission payments made to advisers.
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