L&G launches new income protection product

Overdue payment

It replaces L&G’s existing payment protection product, Mortgage Payment Protection Insurance, which covered only mortgage repayments, and will instead provide a monthly benefit payment linked to the customer’s level of income rather than to a specific credit arrangement.

These benefits can be paid for up to 12 months. According to recent research conducted by the insurer, 67% of people do not have any insurance in place to help them pay bills if they were to lose their jobs.

In further research

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: