L&G agrees protection partnership with Intrinsic
Prior to the deal most Intrinsic advisers were only able to access Legal & General’s general insurance products but as of now they will all have access to the insurer’s protection offering too.
Policies available through the new deal will include critical illness cover, income protection benefit, family and personal income plan and whole of life.
To support the new arrangement Intrinsic’s advisers will also be able access a dedicated Legal & General team of underwriters and claims handlers to help them manage the application process and any subsequent claims across all insurance products.
Steve Bryan, director, intermediary division at Legal & General, said: “Intrinsic Group is a hugely important distribution network and we are delighted to be able to work with Intrinsic to develop protection sales. Intrinsic’s 3000 strong adviser network is the largest in the UK and it’s important that those advisers have access to a good range of products in order to drive the best possible customer outcomes.”
Andy Walton, protection director at Intrinsic said: “Intrinsic sees protection as the bedrock of all good financial advice, and we have an excellent track record of supporting our advisers in the protection market.
“Our new protection panel has been created following extensive independent research and we are delighted that our restricted advisers and their clients now have access to Legal & General’s excellent range of protection products.”