Legal & General has launched a new dedicated Income Protection (IP) Adviser Hub to help intermediaries support their clients’ protection needs.
This includes features such as benefit calculators, helpful guides to income protection, as well as other tools and resources to help show the benefits of IP to their customers.
This announcement follows a series of improvements to its offering including sick pay alignment for NHS workers, a free Rehabilitation Support Service and improved pricing across all occupation classes including 3 and 4.
Legal & General says it wants to raise awareness of the importance of IP, in protecting a client’s lifestyle and income, as well as simplifying its offering to make it easier for intermediaries to explain the benefits of the product to customers.
Craig Brown, director of Legal & General Intermediary, said: “While critical illness cover and life insurance are often the first protection solutions we talk about as an industry, for many customers IP can play a no less important role.
“Our Deadline to Breadline report found that nearly a third of employees didn’t have any financial back-up plans in place. Income protection could provide a monthly benefit should the client be unable to work due to incapacity caused by illness or injury resulting in a loss of earnings.
“Intermediaries already do a great job of protecting their clients and these changes are designed to help make that process simpler and more effective.”