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

Skipton targets brokers with ‘yes-led’ push

Skipton Building Society has launched a new intermediary proposition aimed at improving access to lending...

MPC call ‘not the headline’ says Loan.co.uk chief

Ahead of this week’s Bank of England decision the focus for brokers should be...

Paragon adds limited edition 75% LTV buy-to-let fixes

Paragon Bank has launched six limited edition five-year fixed rate buy-to-let products, including new...

Kensington cuts buy-to-let rates across core range

Kensington Mortgages has reduced rates across its buy-to-let mortgage range, including its Prime, Core...

Cotality appoints Carl Ross to lead business development

Cotality has appointed Carl Ross as head of business development as it looks to...

Latest publication

Other news

Skipton targets brokers with ‘yes-led’ push

Skipton Building Society has launched a new intermediary proposition aimed at improving access to lending...

MPC call ‘not the headline’ says Loan.co.uk chief

Ahead of this week’s Bank of England decision the focus for brokers should be...

Paragon adds limited edition 75% LTV buy-to-let fixes

Paragon Bank has launched six limited edition five-year fixed rate buy-to-let products, including new...