L&G overhauls income protection benefit plan

Published on

By admin

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

Regulation

IMLA backs FCA roadmap on mortgage rule review

The Intermediary Mortgage Lenders Association (IMLA) has described the Financial Conduct Authority’s (FCA’s) Feedback...
Analysis

Borrowers moved early as rate cut expectations built, Twenty7tec data shows

Mortgage search activity reached its highest level of the month on 9 December, nine...
Technology

AdviceTech ‘giants’ join AdviserSoftware.com AI comparison service

Three of the UK’s most widely used adviser technology systems – Dynamic Planner, FE...
Bridging

Somo cuts bridging rates after Bank of England move

Somo has moved quickly to cut rates across its bridging range following the Bank...
criteria

Bridging finance momentum shows up in Knowledge Bank broker search data

Broker search behaviour on Knowledge Bank suggests bridging finance is playing an increasingly central...

Latest publication

Other news

Regulation

IMLA backs FCA roadmap on mortgage rule review

The Intermediary Mortgage Lenders Association (IMLA) has described the Financial Conduct Authority’s (FCA’s) Feedback...
Analysis

Borrowers moved early as rate cut expectations built, Twenty7tec data shows

Mortgage search activity reached its highest level of the month on 9 December, nine...
Technology

AdviceTech ‘giants’ join AdviserSoftware.com AI comparison service

Three of the UK’s most widely used adviser technology systems – Dynamic Planner, FE...

OPUS FIRST MEDIA

71-75 Shelton Street Covent Garden London WC2H 9JQ
Tel: 020​ ​855 ​6717
Company no: 15781688

SOCIAL MEDIA

OUR TITLES

MORTGAGE SOUP
PROPERTY SOUP

LINKS

ABOUT
CONTACT
ADVERTISE
TERMS & CONDITIONS
PRIVACY POLICY