Legal & General has made a funeral payment pledge that will see it advance up to £10,000 to help bereaved families pay towards a funeral.
The pledge covers all life insurance policies with a death benefit claim.
The offer of payment will be made by Legal & General if it is not already in a position to pay out the full claim value and if the funeral payment is outstanding.
The announcement goes above the Protection Distributors Group’s (PDG) funeral payment pledge, which called on insurers to offer to advance up to £5,000 of a claim for funeral costs.
Mark Jones, product director at Legal & General, said families dealing with the death of a loved one can often find themselves facing unexpected costs at what is already a very distressing time.
“We firmly believe that this new commitment will give extra peace of mind for our customers, offering them an extra level of support when they need it most,” he added.
Emma Thomson, life office relations director at Lifesearch and chair of the PDG, added: “We are delighted that Legal & General has signed up to the Funeral Payment Pledge. The commitment to advance up to £10,000 goes well beyond the minimum set by the pledge and will prove crucial in providing support to bereaved families in times of tragedy.”