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Introducing our new plan that can help pay your client’s rent when they can’t
Renting is on the rise. In the last 10 years, the UK private renting market has doubled. Trouble is, where homeowners see the need for protection to cover their mortgage, renters don’t. It means they are therefore leaving themselves vulnerable should something happen to them.
That’s where Legal & General's new Rental Protection Plan can help. It can provide the financial security for your clients by helping to pay the rent, should the worst happen.
- Nearly 1 in 4 people in the UK are expected to be renting by 2021
- UK rents are expected to climb by 15% over the next five years
- Renters spend 40% of their income on housing costs, double what owner-occupiers pay
Tailored plans – choose the protection that fits your client's lifestyle; Rental Income Protection, Rental Life Insurance or Rental Life Insurance with Critical Illness.
Added reassurance – helps ensure your client's family stays in their home should the worst happen
Greater flexibility – your clients can select the benefits that meets their needs and budget as well as the ability to increase cover if rent costs increase