Health cover
Health cover
Liverpool-based insurer Medicash has overhauled its health cash plan to reflect growing social changes. The health insurer has introduced helplines for stress and redundancy as well as contribution protection lasting for up to 12 months. The move follows an in-depth survey of Medicare's 200,000 members, which discovered many were happy to pay more for improved benefits. The new package also includes, additional maternity cover, optical and dental grants and increased personal injury payments.
L&G contract
Legal & General has strengthened its position in the home insurance market after winning a contract with mortgage lender Platform Home Loans. The insurer, which recently successfully resisted a takeover bid by NatWest, has been selected to underwrite block buildings and contents cover for the lender from June 1. Platform Home Loans is already a member of L&G's 12-strong mortgage club panel of lenders. John Castagno, managing director of L&G, said he believed the agreement reflected the insurer's competitive position among mortgage lenders. Platform Home Loans managing director David Tweedy said he believed L&G as a household name insurer would offer customers value for money and good claims service.
