Legal & General launches 'Buy-Now' life insurance with Direct Life

clock
Legal & General launches 'Buy-Now' life insurance with Direct Life

Legal & General has launched a Buy Now life insurance policy with Direct Life which will be initially available on Confused.com.

  Legal & General's new Buy Now policy will use Direct Life's common question set, allowing clients to choose between Legal & General, Aviva and Beagle Street's Buy Now offerings without needing to complete the full medical underwritten journey.  The full panel of Apply Now products sit alongside for where Buy Now isn't available. Since Direct Life launched their Buy Now panel in 2014, over 5,000 policies have been sold with an average sum insured of £150,000. Direct Life said tha...

To continue reading this article...

Join Cover

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around Covid-19, regulation, diversity and mental health.
  • 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 Employee Benefits

Financial pressures top stress factor for UK employees

Financial pressures top stress factor for UK employees

New research shows

John Brazier
clock 12 August 2022 • 1 min read
Working women feel responsibility to educate young on menopause

Working women feel responsibility to educate young on menopause

According to MetLife UK research

Hemma Visavadia
clock 11 August 2022 • 2 min read
HCML acquires healthcare rm

HCML acquires healthcare rm

employee health risk management specialist

Hemma Visavadia
clock 10 August 2022 • 2 min read