Legal & General launches online trusts

Adam Saville
clock • 1 min read

Paper forms and signatures no longer needed

Legal & General (L&G) has launched an online trust application process for intermediaries, across its personal, business and relevant life plans. L&G's Online Trust service, developed by Online Protection Connect (OLPC) system, will allow advisers to store customer's information in one central hub, meaning paper forms and signatures are no longer required. The firm said this process will speed up the journey for intermediaries, especially for relevant life plans where a trust is always needed. Pre-population has been built in, which means intermediaries need to fill in some details...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Individual Protection

New online platform launches for care-related advice

New online platform launches for care-related advice

To meet Consumer Duty and vulnerability regulatory expectations

Isabel Baxter
clock 16 April 2024 • 2 min read
LV= pays out £135m on individual claims in 2023

LV= pays out £135m on individual claims in 2023

94% of claims paid out

Jaskeet Briah
clock 15 April 2024 • 3 min read
One in 10 adults would consider IP when having a child

One in 10 adults would consider IP when having a child

The Exeter research shows

Jaskeet Briah
clock 09 April 2024 • 2 min read