L&G expands digital group risk platform for SMEs

The platform currently supports businesses with a minimum of 10 employees, which has now been extended to businesses with a minimum of three. Additionally, L&G will now offer a three-year unit rate guarantee on all new group life and group income protection (IP) policies covering three to 500 employees via the platform. The enhanced offering includes unit-rate costing exclusively through ONIX, which is a set, average aggregated cost for the duration of the policy that typically sees fewer fluctuations and variance, L&G detailed, which can help business owners to budget over the long-t...