As
part of Legal & General’s commitment to maintaining
its position as the number one Protection provider in
the market, and further to the Protection Update Special
Issue from June 2007 (
click here to
view
), we are
pleased to announce that Online Protection (OLP) can
accept Term Assurance 70:10* business online from 1
October 2007.
From
1 October 2007, you will be able to use OLP to quote and
apply for all 70:10 term business, making use of e-rates
and e-commission. This means you no longer need to use
paper applications for your term business!** Your term
70:10 business can now benefit from all the advantages
you’ve been used to when using OLP
including:
Transition
arrangements
While we were
waiting for OLP to be updated we were honouring ‘e’
rates and ‘e’ commission on term 70:10 paper
applications (as featured in Protection Update Special
Issue from June 2007). Although paper applications will
no longer need to be used, for term 70:10 business from
Monday 1 October we appreciate that you may have very
recently put some in the post. Therefore we will
continue to honour ‘e’ rates and ‘e’ commission on paper
applications for term 70:10 business received by our
service teams up to and including Friday 5 October 2007.
Literature
New Mortgage
Protection and Family Protection Key Features documents
have been produced in PDF format (
click here
for the
Mortgage Protection Key Features document,
click here
for the
Family Protection Key Features document) and you can
download them from the
Adviser Centre
. Printed
versions will be available from 16 November
2007.
* For
further explanation on what 70:10 means,
click
here
.
**Please
note Convertible Term Assurance still needs to be
applied for by paper application or via Term PAC and is
a COB product.
Contact us
If
you have any questions on these changes,
please
contact
us
.
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