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

LHV Bank completes £22m buy-to-let portfolio deals

LHV Bank has completed two specialist buy-to-let transactions totalling about £22 million to support...

Wealthy Advisers Club launches free performance planner app

The Wealthy Advisers Club has launched a free 90-day performance planning app for mortgage...

AI will not replace brokers, says OneDome chief

Mortgage brokers will remain central to the homebuying process despite the rise of artificial...

Professional landlords remain committed to buy-to-let despite regulatory pressures

Professional property investors are continuing to back the private rental sector despite mounting regulation...

Planning applications fall to lowest level in more than a decade

Planning applications across England and Wales fell to their lowest annual level since 2012...

Latest publication

Other news

LHV Bank completes £22m buy-to-let portfolio deals

LHV Bank has completed two specialist buy-to-let transactions totalling about £22 million to support...

Wealthy Advisers Club launches free performance planner app

The Wealthy Advisers Club has launched a free 90-day performance planning app for mortgage...

AI will not replace brokers, says OneDome chief

Mortgage brokers will remain central to the homebuying process despite the rise of artificial...