L&G expands IP proposition with two 'affordable and flexible' options

Sharing many of the same features of L&G's income protection benefit, the new Low Start Income Protection plan initially starts at a lower premium than traditional IP but increases annually, with no change in cover during the term. Legal & General said the plan has been launched to give advisers and clients more choice as it is designed for those who may not be able to immediately afford IP. Pitched as an affordable and flexible option for small to medium sized enterprises (SMEs), Executive Income Protection is designed to provide cover for SME business owners and individual employees on...