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.

[tds_create_account btn_bg_h="#000000" f_text_font_family="global-2_global" show_version="" tdc_css="eyJhbGwiOnsiYm9yZGVyLXJhZGl1cyI6IjUiLCJkaXNwbGF5IjoiIn19"]

Latest articles

OneDome takes integrated homebuying service nationwide

OneDome has launched a national television campaign promoting its integrated homebuying service, which brings...

Buyers put greater premium on energy-efficient homes

Energy efficiency is playing a growing role in homebuying decisions, with almost three-quarters of...

Almost half of Help to Buy borrowers could not have bought without scheme

Almost half of Help to Buy customers would not have been able to purchase...

Mortgage debt weighs on retirement plans as pension savers look to ‘clear the decks’

Mortgage debt is emerging as a significant concern for people approaching retirement, with new...

TMG appoints Jane Gregory to lead financial services business

TMG Financial Services has appointed Jane Gregory as head of TMG Financial Services after...

Latest publication

Other news

OneDome takes integrated homebuying service nationwide

OneDome has launched a national television campaign promoting its integrated homebuying service, which brings...

Buyers put greater premium on energy-efficient homes

Energy efficiency is playing a growing role in homebuying decisions, with almost three-quarters of...

Almost half of Help to Buy borrowers could not have bought without scheme

Almost half of Help to Buy customers would not have been able to purchase...