Tuesday, November 15, 2005

Insurance Age - Legal and General expands e-business

Insurance Age - Legal and General expands e-business: "Legal and General expands e-business
Legal and General has expanded the range of protection and general insurance products on its integrated quote and apply system, Online Protection.
Over 80% of L & G�s protection business is currently received online, which represents an increase of 10% from when the new system was launched six months ago. By providing an easy to use system, with a comprehensive suite of products, L & G�s Online Protection single applications will help save valuable time for advisers and their customers.
Cheryl Clements, Director of Technological Propositions at L & G said: �By extending the range of products offered by Online Protection, we are supporting advisers who want to ensure their clients consider and make financial provision for future protection needs. It is not just the mortgage that needs to be considered in the event of a change in family circumstances, it is important to think about protecting lifestyle and dependants also.�
The following products have now been added to its system:
- Family and Personal Income Plan, the family protection product with a monthly benefit
- Mortgage Payment Protection Insurance, providing cover for monthly mortgage payments in the event of accident, sickness or unemployment
- Unemployment cover as an option on the Legal & General Mortgage Payment Insurance product "