31st March 2011

Scottish Provident: New life and critical illness level cover rates

From Monday 4 April 2011, our level and decreasing life cover and level critical illness cover rates will change. This means that the majority of these rates will be reduced, making both of these valuable cover options even more affordable for many of your clients. Some rates will stay the same or increase. Please note that we have not changed our decreasing critical illness cover rates at this time. View the new rates by visiting the leading portals or our website www.scottishprovident.com.
Pipeline arrangements for reprice

All quotes issued up to and including 3 April 2011 will be based on current rates. All applications submitted up to and including 3 April 2011 will be processed using current rates.

Where a quote is issued before 4 April 2011 and the application is submitted on or after 4 April 2011, Scottish Provident will use the lower rate. This will continue until 2 May 2011 when only new rates will be used.

All quotes issued on or after 4 April 2011 will be based on the new rates.

New version of QUOD (v11.01)

QUOD, version 9.11 will expire at midnight on 3 April 2011. Existing QUOD users can update to the latest version (11.01) using the download feature available through the Internet.

New users to QUOD or existing users unable to download can request a copy of the new disk by ifasalesline@scotprov.co.uk.

If you install using the QUOD disk, please remember to print a hard copy of any archived quotes you need. You will not be able to access these once you install your new version.

Remember you can only update to version 11.01 or download after version 9.11 expires.

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