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DAILY TELEGRAPH
Lottery winner's estranged mother 'ecstatic' for son - Fri, 10 Feb 2012 06:59:56 GMT

Lottery winner's estranged mother 'ecstatic' for son - Fri, 10 Feb 2012 07:03:08 GMT
No man is an island - except here on this little patch of Cornwall - Fri, 10 Feb 2012 06:59:56 GMT
Police swoop on military gun collector as he drives to his mum's - Fri, 10 Feb 2012 06:45:15 GMT
BBC 'buried Savile sex abuse claims to save its reputation' - Fri, 10 Feb 2012 06:40:58 GMT
Nimrod destruction cost taxpayer £3.4bn as MoD ignored 'cost implications', MPs say - Fri, 10 Feb 2012 06:40:39 GMT
'Nazi stag party' MP accused of texting and dozing at Auschwitz - Fri, 10 Feb 2012 06:30:42 GMT

FINANCIAL TIMES
Eurozone dismisses Greek budget deal - Thu, 09 Feb 2012 18:58:47 GMT

Eurozone dismisses Greek budget deal - Fri, 10 Feb 2012 00:07:16 GMT
Germans concerned over Draghi liquidity offer - Thu, 09 Feb 2012 18:58:47 GMT
Citigroup takes $50m loss in Libor probe - Thu, 09 Feb 2012 20:22:41 GMT
Chinese imports fall sharply in January - Fri, 10 Feb 2012 04:46:54 GMT
Bank of England lifts stimulus by £50bn - Thu, 09 Feb 2012 12:49:37 GMT
Delay to Greece deal damps Asian markets - Fri, 10 Feb 2012 03:35:15 GMT

BBC NEWS
BBC News - Business - Fri, 10 Feb 2012 07:03:03 GMT

BBC News - Business - Fri, 10 Feb 2012 07:17:35 GMT
Barclays' profits fall to £5.9bn - Fri, 10 Feb 2012 07:03:03 GMT
Greece given tough bailout terms - Fri, 10 Feb 2012 07:21:59 GMT
China's exports and imports fall - Fri, 10 Feb 2012 03:54:04 GMT
Shock loss for India's Tata Steel - Thu, 09 Feb 2012 18:48:09 GMT
Bank injects £50bn into economy - Fri, 10 Feb 2012 00:00:23 GMT
Redknapp trial cost £1.3m so far - Thu, 09 Feb 2012 23:17:40 GMT
 
 

Legal & General increases immediate cover

Legal & General has improved its immediate cover levels for people taking out life only cover (all types) and term assurance with critical illness cover (for business).

28 January, 2010

Immediate cover is where risk is assumed for an applicant before they are fully underwritten and is suitable for people who need protection urgently. Legal & General has also extended critical illness immediate cover to include those applications taken out for personal loan / mortgage protection, not just for business cover.

The new limits are:

  • Life maximum sum assured - £3 millionj (previously £2 million)
  • CIC maximum sum assured, business cover - £1.5 million (previously £1 million )
  • CIC maximum sum assured, personal loan / mortgage protection - £1.5 million (not previously covered)
Russ Whitworth, underwriting and claims director for protection said: "Immediate cover helps people who need cover straight away, which means we assume risk for them while they are being fully underwritten. This tends to be for high net worth and business applications while we gather the necessary medical evidence For example, by upping the maximum levels of immediate cover that we are prepared to give, we are being more generous and more competitive."


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