WPA ups PMI stakes.
Western Provident Association is aiming to corner the private medical insurance market with its new ...
Western Provident Association is aiming to corner the private medicalinsurance market with its new Internet arm called XS. It claims the new
site, which offers comprehensive cover from £50 to £626 a year, will cut
premiums by up to 80%. The non-profit-making insurer is offering this
reduced-cost cover on the basis that policyholders below the age of 60 pay
an excess of £1500, with over-60s paying an excess of £3000. The insurer
is aiming to have 1000 clients within the next year.
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