L&G drops fracture cover in critical illness and income protection overhaul

Increased pay out amounts

Jaskeet Briah
clock • 3 min read

Legal and General Retail Protection (L&G) has revealed that fracture cover is no longer being offered to new applicants or existing plan holders at renewal after making a series of enhancements to its critical illness cover (CIC) and income protection (IP) products.

Under its Critical Illness Extra and Children's Critical Illness Extra plans, L&G has increased the payment levels for both additional payment conditions and children's critical illness. This includes an "improved" additional payment amount of 100% up to the value of £35,000 for Critical Illness Extra from the lower of £35,000 or 50% of the sum insured. The amount payable for Children's Critical Illness Extra has increased to £40,000 or 100% of the sum insured from the lower of £40,000 or 50% of the sum insured, and this has increased to £40,000 or 100% for Children's Terminal Illness...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

TISA warns FCA's targeted support could 'cause confusion' and hinder rollout

TISA warns FCA's targeted support could 'cause confusion' and hinder rollout

Industry group calls for more flexibility on disclosure

Sahar Nazir
clock 17 October 2025 • 2 min read
You can always make more money, but you can't buy more time

You can always make more money, but you can't buy more time

What’s the ROI on a memory that lasts forever?

Chris Ball
clock 16 October 2025 • 3 min read
Autumn Budget 2025: Reeves should use Budget to 'merge ISAs not cut tax-free limits'

Autumn Budget 2025: Reeves should use Budget to 'merge ISAs not cut tax-free limits'

The updates advisers need in the run up to the Autumn Budget 2025 on 26 November

Professional Adviser
clock 16 October 2025 • 1 min read