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Legal & General launch 3 new life insurance plans for the over 50s

Legal & General will be launching three new guaranteed acceptance life insurance plans.

Those aged between 50 and 80 will be able to benefit from the Fixed Plan, Increasing Plan and the Funeral Plan which will only be avaliable online, by post or over the phone.

The Director of Marketing and Channel Development, Alan Ferguson said: "People traditionally take out this type of life insurance to provide their family with funds to go towards funeral expennses or unpaid bills, or as a gift for children or grandchildren.

We're launching three different plans to give people the flexibility to choose the product which best serves their needs."

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