L&G launches online group protection quote and buy tool

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Legal & General (L&G) is launching a new online group protection quote and buy system for advisers insuring 10 to150 employees for group life assurance and/or group income protection benefit.

Phil Kennedy, business development director of group protection al L&G, said: "We want to make it easier for advisers to do business with us through this online system.

"We'll be working with advisers to develop this system further and add more functionality to support them grow their business"

Policies can include schemes with up to four companies and up to four categories can be included.

The new online system will also produce scheme quotations where companies have had up to two previous claims within five years, it provides switching terms and the free cover limit is the same online as offline.

Linda Baker, Market Development Director, Group Protection, says:
"Advisers can get quotes in 15 minutes and we've built in helpful features that advisers have asked for which cut down re-keying time."

She added that the site has built in online lookup of Companies House data, automatic job title matching to occupation categories and other features that reduce the need for manual data input.

Comparison quotes on different benefit basis can be produced instantly and all of the policy documents can be downloaded immediately.

The site also has a dedicated customer services team, available on the telephone to support the online quote and buy system.

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