The general insurance provider said that the price cut offered a more flexible product that could protect a wider range of clients in an unstable job market.
James Watson, sales director at Paymentshield, said: “Paymentshield is constantly reviewing our pricing and given the current economic climate has worked hard to deliver competitive pricing for all customer age groups.
“We are committed to supporting brokers to do business and will continue to focus on maximising opportunities for them to support their sales and provide additional income potential.”
