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Legal & General is dipping its toes in the healthcare cash plan market for the first time with the Essentials Cash plan

Essentials is aimed at employees in small to medium sized companies who are looking for healthcare cover to complement what they receive from the National Health Service.

The plan offers three levels of cash benefit, and the premiums increase to reflect this. The plan is underwritten by experienced cash plan firm HealthSure Group, which produces health cash plans of its own.

What makes this product especially alluring is that it also covers 100 per cent of optical and dental care. This is in contrast to the norm of up to 50 per cent of optical and dental costs offered by similar plans.

Based on a married couple, both aged 30, with two children, the monthly premium with no discounts for the maximum amount of cover available from Essentials Cash is £37.00. This compares to £41.60 charged by HSA&#39s Superplan and £55.47 on Bupa&#39s Cashplan, on the same basis.


NPI hopes to profit from star rating

NPI says it expects to gain access to national IFAs&#39 pension panels after its with-profits fund was awarded a four-star rating by independent actuaries AKG.The fund previously carried a three-star rating for its future performance potential from the independent actuarial and financial services consultancy. This meant it was not eligible for inclusion on the with-profits […]

Home in on technology

Advisers need to find ways to stop being squeezed out the market by technology.With the growth in ways for homebuyers to get information about mortgages over the phone and on the internet, advisers need to keep their edge and retain control of their share of mortgage distribution.The explosion in the variety and number of homeloans […]

Royal & SunAlliance is going for growth with its new property and TEPs fund

The fund is a life assurance mirror fund that invests in office, retail and industrial property throughout the UK and traded endowment policies (TEPs). It invests in a similar fund run by TEP market makers Surrenda-link. The product is called the Surrenda-link fund.Traded endowments are policies which have been sold because their policyholders wish to […]

Lincoln Financial Group has introduced the global opportunities portfolio

Global opportunities is a unit trust aimed at investors who are looking to broaden their portfolios and who are happy to accept slightly high risk over a long term basis.It invests in four other Lincoln unit trusts, growth, European, Japan and internet tollkeeper, and aims to provide capital growth by investing in both traditional companies […]

Inheritance Tax, a tax on the wealthy? Urban myth or fact?

By Kim Jarvis, Technical Manager with Canada Life’s ican Technical Services Team. Inheritance tax has been around in some form since 1796. Estate duty dates back to 1894 and over the years this tax has evolved into the inheritance tax (IHT) we know and love today, which was introduced in 1986 as a replacement for […]


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