Legal and General enhances whole of life protection plan
Wed, 07 Oct 2009
Legal and General has re-priced its whole of life protection plan, claiming that it will make inheritance tax planning simpler.

By re-pricing the product the insurer, which sells the product to customers via advisers, wants to ensure it is the most competitive guaranteed premium quote available for people with inheritance tax liabilities. Also, in order to make the complex procedure of inheritance tax planning easier for advisers, it has introduced a number of enhancements.

These include the launch of a new trust range with supporting completion guides, new adviser sales aids and a fast-track processing service for cases that require cover of more than £200,000.

Bernie Hickman, managing director of protection for Legal and General, said: "Inheritance tax planning is an area of the market that only a limited number of advisers are active in, primarily because of the perceived complexity. We're helping to simplify matters with new guides for advisers and their clients to help advisers tap into this valuable revenue stream."
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