Press releases
Legal & General enhances its Intermediary Income Protection offering and improves IP pricing
Legal & General has today announced an update to its Income Protection Benefit plan (IPB) available through Intermediaries, to enhance the support they are offering to customers when they need to make a claim. This includes greater flexibility for NHS doctors, nurses and surgeons, and more competitive pricing across all occupation classes - including customers in light and heavy manual labour jobs.
3 Jul 2018
NHS doctors, nurses and surgeons have a different sick pay structure within the first 5 years of service and often traditional IP products cannot offer the flexibility needed to support this. Legal & General’s offers the solution by adapting the payment stages to help ensure these key workers receive their monthly benefit when they need it.
This announcement is part of Legal & General’s commitment in the Income Protection market and follows the launch of a rehabilitation support service and the introduction of a two-year benefit term.
The Rehabilitation service, which is available at no additional cost, offers qualifying claimants access to a specialist team of rehabilitation professionals. The service is designed to help customers with a structured return to work programme without the need for waiting for their deferred period to start.
Craig Brown, Director, Legal & General Intermediary"Intermediaries are invaluable to our business and following feedback for greater pricing and support for NHS workers, we have added these benefits to our current income protection offering."