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Legal & General has changed its indexation calculation
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It is important to have the right level of cover for your family and protection needs, now and in the future. Thats why Legal & General has changed its indexation calculation on Term, Family Benefit, Business Protection and Income Protection plans to "pay as you go", giving you competitive premiums at outset on index linked policies.
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Our indexation option now gives you: Indexation on term, family and personal income plans (including family and personal income plans with critical illness cover), and income protection.
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NEW A premium on index linked policies that is the same as a level plan at outset*
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The option to increase the sum assured in line with RPI on the first anniversary on the plan and every anniversary thereafter, the premium increases at a factor of RPI x 1.5 (provided the option is taken each year).
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* not applicable for income protection plans Source Legal & General marketing email 16/07/2010
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The FSA website can be found at www.fsa.gov.uk.
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