Whole of life (WOL) rates at Legal & General have been reduced by an average of 6%. Legal & General'...
Whole of life (WOL) rates at Legal & General have been reduced by an average of 6%. Legal & General's product will pay out a lump sum on the death of the policyholder and guarantees that premiums will not change throughout the duration of the policy. The product can also have an indexation option to help keep the benefit in line with inflation. WOL policies can be written on either 'single life', 'joint life first or second death' or on a 'life of another' basis.
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