Protection
UPDATE
Legal & General
WORKING HARDER TO MAKE YOUR LIFE EASIER
Issue 69  July 2007


Changes to Protection Choices

As part of Legal & Generals ongoing commitment to improve and develop our eservices we are continually looking at ways to improve our technology. We are currently looking at the submission process for protection business submitted to Legal & General.

Not all Legal & General systems used for protection business facilitate the Protection Choices discount. To link together our existing technology and develop our offering to you, we need to make some changes now to improve technology development in the future.


So what's changing?
Our experience shows that the Protection Choices discount is not used in the sales process and is not seen as a key benefit. Therefore from 23 July 2007 the Protection Choices discount currently applied to bundled protection sales through Protection Choices will be removed.

 

And how does this impact you?

 

New business

All new Protection Choices quotes completed on or following the 23rd July 2007 where more than one protection product has been quoted for in a bundle will not include the discount.

 

All saved quotes leading up to and including the 22nd July 2007 will be honoured for a maximum 30 days as per our current transitional arrangements. At this point you will either need to requote or submit an application to Legal & General.

 

Therefore the Protection Choices quotes system available on Adviser Centre will no longer be available from 23 July 2007.

 

Existing business

We will still continue to offer this discount when your client requires a top up or alteration to an existing Protection Choices application. To obtain a quote for an existing Protection Choices application please contact your usual service team who will arrange a quotation including the discount for you.

 

Contact us

Our specialist Protection sales team are only a phone call away. If you would like further information on the above, please contact us.


This is not a consumer advertisement. It is intended for professional financial advisers and should not be relied upon by private individuals or any other persons.
 
© Legal & General Assurance Society Limited (2007) Registered in England No 166055
Registered Office: Temple Court, 11 Queen Victoria Street, London EC4N 4TP
A member of the Association of British Insurers

www.legalandgeneral.com/advisercentre