L&G makes critical illness cover changes

Published on

Legal & General has improved its critical illness cover.

Its group critical illness cover will now also include cover for aplastic anaemia, bacterial meningitis, cardiomyopathy, encephalitis and liver failure.

The survival period has also been reduced from 30 to 14 days for most illnesses.

Legal & General is also increasing the value of support available to claimants. Their maximum benefit can now be up to five times scheme earnings or £500,000 whichever is less.

Vanessa Sallows, underwriting and benefits director, group protection, at Legal & General, said: “Employers and employees all over the country rely on critical illness cover to help them to cope with challenging circumstances. Expanding the range of illnesses that we cover means we can help more people when they are ill. These changes show that Legal & General is adapting its policies to meet more of the needs of its customers.”””

Latest POLL

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Square 1 Media announces May Mortgage Market Debate

Square 1 Media is to hold its next Mortgage Market Debate on Wednesday, 21 May,...

Coventry BS maintains status as one of the best workplaces

Coventry Building Society has been named one of Great Place to Work's UK’s Best...

Atom bank breaks Near Prime record

Atom bank has reported another record-breaking month for Near Prime activity. Over the course of...

Berkeley Alexander appoints new BDM

General insurance provider Berkeley Alexander has announced the appointment of Grant Robinson as a...

Other news

Lenders must step up on high LTV products

Things are on the up for borrowers with a smaller deposit. The financial information...

Square 1 Media announces May Mortgage Market Debate

Square 1 Media is to hold its next Mortgage Market Debate on Wednesday, 21 May,...

Coventry BS maintains status as one of the best workplaces

Coventry Building Society has been named one of Great Place to Work's UK’s Best...