Legal & General has a long history having been founded back in June 1836. Today they
have over seven million customers in the UK for their life assurance, pensions, investments and general insurance plans. Legal
& General Investment Management (LGIM) is one of the leading fund management groups in the UK with £362 billion
as at 30 June 2011 of funds under management worldwide. They manage investments for the pension funds of almost half of the
companies in the FTSE 100 Index.
Recent Awards include
Winner of Best Life Protection Provider at the Money Marketing Financial Services Awards,
2010.
5 Star Winner in the Investments Category at the FT Adviser
Service Awards
Winner of Best Critical Illness Provider at the
Financial Adviser Life and Pensions Awards, 2010.
Best Mortgage
Related Insurance Provider - Your Mortgage Awards 2010-2011.
Legal
& General offer both a Fixed Plan and the Increasing Plan for the over 50s, so you can decide which one is best suited
to your own needs.
The Fixed Plan offers
Guaranteed acceptance with no medical or health assessment when
you apply
If you are aged between 50 and 80 and a UK resident,
and you reside in the UK for at least 183 days per year, you're guaranteed to be accepted for the Over 50s Life Insurance
Plans.
Premiums start from just £5 a month and will never
go up once you've taken out cover
An extra £250 towards
your funeral costs with the Funeral Benefit Option
Legal & General will pay your cash sum if you die two or more years after your plan starts. If you die within
the first two years they will refund any premiums paid, unless you die as the result of an accident, when they will pay your
cash sum. Terms and conditions apply
The Increasing Plan is similar
except that your cash sum is reviewed each year in line with the Retail Prices Index (RPI). Your premium will increase by
1.5% for every 1% increase in your cash sum.
