L&G advise indexation

As inflation hits 3.3%, the highest level for many years, Legal & General is advising families with protection insurance to take out an option to mitigate against the potential pitfalls of rising inflation.

Many of L&G’s policies come with an indexation option, which is linked to the Retail Price Index measure of inflation.

The indexation means that the real value of the policy is relatively unaffected by inflation, with the sum assured rising in line with RPI, which is typically between 1% and 10%.

Family protection policies exist to safeguard families against earners falling ill, and thus being unable to work, or dying.

They offer a monthly sum to paid for a set period, to support families where the breadwinner is no longer capable of working.


Comment on this page »


Latest news

Chelsea and Westminster named the best place to work in the NHS for 2015

Nuffield Health opens doors of new Cambridge Hospital

Nuffield Health plans to open state-of-the-art diagnostic suite

L&G advise indexation
Connect with us on:

This site compiles with the HONcode standard for trustworthy health information