Posted October 10, 2018 06:19:08 Cambridge Health has announced it will offer a $500 life insurance discount on its coverage of its members.
The offer, which will start in March 2019, comes after the university announced a new strategy to reduce the cost of life insurance.
The University of Cambridge has announced a $250 life insurance cut from 2020.
“The policy is designed to provide the most affordable life insurance available for members of the Cambridge Health alliance,” the university said in a statement.
“We are committed to ensuring that members of our community can enjoy the life insurance benefits they have come to expect.”
The decision to offer a life insurance rebate was made as part of our strategy to provide our members with the best possible life insurance package.
“The plan will include a $200 rebate for first-time policies purchased within the first six months of the policy, and a $150 rebate for a year’s coverage.
Cambridge Health will also offer a rebate of up to $250 per policy for individuals and $200 for families.
A $100 rebate for students enrolled in the university’s medical school is also included.
Cambridge’s Life Insurance Rebate offers $500 to the first five policy holders for a maximum policy of $1,200, with a maximum of $4,500 for family coverage.
Camford Health will offer the rebate to people who live in the Cambridge area and who are enrolled in its medical school.
For more information about Cambridge’s Life insurance rebate, visit: www.cambridgehealth.ac.uk/life-insurance-rebate.