Legal & General has launched a PMI product with the aim of rewarding loyal customers by helping to s...
Legal & General has launched a PMI product with the aim of rewarding loyal customers by helping to subsidise the future costs of cover. The Healthcare Rewards scheme will give the policyholder every three years a loyalty reward and a no claims bonus (NCB). If policyholders make a claim within a three-year period, they lose their NCB but can still be awarded their loyalty rewards. Policyholders can use their entitlement in three different ways on their policies, including taking a discount in the cost of cover for the next three years. Alternatively, they may wish to take a payment holiday...
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