Legal & General launches group protection calculator

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Legal & General has launched an online calculator that provides instant quotations for businesses looking to provide group life and group income protection policies for their employees.

The calculator is designed for companies interested in insuring between 10 to 500 employees.

For companies with up to 250 employees, it also provides a link for a full quotation through Legal & General's online quote and buy system which can provide a full quotation within 15 minutes.

Jim Islam, executive managing director, corporate business at Legal & General Assurance Society, said: "These products provide great support and are a clear commitment by employers to the wellbeing of their staff.

"They can help with both employee retention and attracting new staff by forming part of an attractive bundle that is more than just salary."

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