L&G overhauls income protection benefit plan

Published on

Legal & General has revamped its Income Protection Benefit Plan, which available online and via L&G’s new business system OLP Connect.

Maximum benefit has been impressed from £120,000 to £200,000 per annum and the expiry age from 65 to 70. There are new guaranteed insurability options and L&G has also removed all exclusions except for drugs and alcohol.

Bernie Hickman, Legal & General’s managing director for protection, said: “We’re offering advisers and their clients flexibility and value for money with a five star income protection product and a full menu proposition. In the course of completely overhauling our income protection offering

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

TRM launches tool to help advisers assess clients’ financial shortfalls

The Right Mortgage & Protection Network has introduced a Shortfall Needs Analysis Calculator designed...

HTB completes £1.1m Midlands refinancing in four hours

Hampshire Trust Bank (HTB) has completed a £1.1m residential investment refinancing in the Midlands...

Brookfield Surveyors joins BDLA as associate member

Brookfield Surveyors has become an associate member of the Bridging and Development Lenders Association...

Shawbrook backs 42-home London scheme with £13m development facility

Shawbrook has partnered with P10 Financial Group to provide a £13m development facility that...

Legl joins Conveyancing Association as new affiliate member

The Conveyancing Association has welcomed Legl as its newest affiliate member, offering the software...

Latest publication

Other news

TRM launches tool to help advisers assess clients’ financial shortfalls

The Right Mortgage & Protection Network has introduced a Shortfall Needs Analysis Calculator designed...

HTB completes £1.1m Midlands refinancing in four hours

Hampshire Trust Bank (HTB) has completed a £1.1m residential investment refinancing in the Midlands...

Brookfield Surveyors joins BDLA as associate member

Brookfield Surveyors has become an associate member of the Bridging and Development Lenders Association...