Legal & General Healthcare has entered the health cash plan market with the launch of its Essentials Cash product.
Underwritten and administered by health cash company HealthSure Group, the plan can provide cover from as little as 40 pence a day.
Essentials Cash has three cover levels that provide different amounts of cash benefit. Monthly premiums start at £11.50 for Essentials Cash Level 1 cover for a single person, increasing to £23 for level 3.
The plan is open to anyone aged 18-65 and, once people are accepted, there is no upper age limit.
Cash benefits are available for optical and dental care, alternative medicine, maternity/paternity, inpatient, and day-care surgery.
Legal & General Healthcare managing director John Castagno said: “This new addition to our product range strengthens Legal & General’s commitment to providing excellent value-for- money products.”
Healthsure Group chief executive Richard Sear added: “We see this as a good opportunity to expand the health cash plan market with Legal & General, a company recognised for its brand strength and customer-focused attitude.”