Legal & General has announced it will offer £10,000 worth of free life cover to new parents.
New parents aged between 18-45 years of age are eligible to apply for the cover if they are a UK resident and are named on their child’s birth certificate, full adoption certificate or if they have a final residence or a special guardianship order.
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Parents can apply from the time of their child’s birth right up to and including their first birthday if they have not taken out a life insurance policy with Legal & General in the last five years.
The cover will last 12 months from the date the policy begins. Parents can apply by visiting Legal
& General’s website.
John Hyde, managing director at Legal & General Insurance, said: ""Having one less thing to worry about is a source of great reassurance to many of our customers, especially in the crucial first few months of a new arrival. That is why we are offering a helping hand to get new Mum’s and Dad’s get on the right financial track with our ‘New Parent Free Life Cover.’"
