Legal & General has significantly reduced its prices for its Whole of Life Protection Plan, cutting premiums by an average of 6%.
Legal & General's whole of life product pays out a lump sum on the death of the policyholder and guarantees that premiums will not change throughout the life of the policy. The product can also include an indexation option providing the policyholder with the ability to increase the benefit each year (for an additional premium) to help keep the benefit in line with inflation.
Life insurance: News update: July 2008
