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

First-time buyers turn to renovation homes as affordability pressures bite

First-time buyers are increasingly choosing cheaper homes in need of renovation as affordability pressures...

Eden publishes guide to help movers navigate conveyancing process

Eden Conveyancing has released a free Smart Home Movers Guide 2026 to help buyers,...

Pepper Money reshapes sales leadership team

Pepper Money has made a series of changes to its sales leadership structure as...

Vida expands residential range and relaunches buy-to-let products

Vida Homeloans has expanded its lending proposition with the reintroduction of 20 residential products...

Gatehouse Bank joins The Right Mortgage panel

The Right Mortgage & Protection Network has added Gatehouse Bank to its lender panel,...

Latest publication

Other news

First-time buyers turn to renovation homes as affordability pressures bite

First-time buyers are increasingly choosing cheaper homes in need of renovation as affordability pressures...

Eden publishes guide to help movers navigate conveyancing process

Eden Conveyancing has released a free Smart Home Movers Guide 2026 to help buyers,...

Pepper Money reshapes sales leadership team

Pepper Money has made a series of changes to its sales leadership structure as...