We are very proud to announce that we won the prestigious Best Business protection provider of the year for the 5th consecutive year. This award is important as it is voted for by advisers for providers how have delivered what they need. To win this once is an achievement but to win it 5 times in a row is a testament to the quality and relevance of the training, material and research that Legal and General has delivered in support of our intermediary partners.
We're proud to announce that we have secured a deal with law firm FBC Manby Bowdler to provide Share Protection policy service to advisers.
This new agreement aims to make it easier for advisers to review corporate documents that could be affected by a Share Protection policy.
For an exclusive price of £200 plus VAT, advisers will be provided with access to a review service that checks for any conflicts between the legal documentation of a business and any cross option agreement. This includes documents such as the Articles of Association and Shareholder Agreements.
As part of the agreement, advisers using Legal & General for their business protection business will also have access to this review service, with the intermediary or the company then dealing directly with specialist lawyers at FBC Manby Bowdler.
Share Protection policies allow the remaining partners, directors or family members to remain in control of a business after the death of an owner or shareholder. Without this protection, the surviving business owners could lose control over their business as shares become tied up in probate.
Richard Kateley, Head of Intermediary Development at Legal & General, said:
“We are delighted to have teamed up with FBC Manby Bowdler to provide this very cost effective and simple process for advisers. A big area of concern that we find intermediaries have when discussing Share Protection is around legal documentation and the potential for something like a Cross Option Agreement to conflict with their client’s Articles of Association. This is precisely where a relationship with a solicitor can make all the difference, using their expertise to ensure that more businesses are protected from critical events and advisers are confident when discussing a policy with their client. I hope that if clients or advisers do not have their own legal connections, this service will prove hugely beneficial to them.”
For further information, please view the following Shareholder Protection Policy Document Checking Service Brochure (PDF: 1408KB) .
We’ve created a handy infographic to highlight some of the key findings from our recent State of the Nation’s SMEs research. View our latest infographic.
We continue to lead the way in Business Protection research with our latest insight. Find out more.
We've teamed up with Rough Guides and produced The Rough Guide to Business Protection. A comprehensive e-guide giving no-nonsense, practical and clear information on Business Protection. Find out more.
The research into the Business Protection market uncovers the different risks SMEs could face and highlights many lack vital cover for certain unforeseen events. Business protection could help financially secure a business in the event of a death or critical illness of a key person or owner which is why it's well worth talking about. These webinars will look at the research in more depth. Register Here
This is not a consumer advertisement. It is intended for professional financial advisers and should not be relied upon by private customers or any other persons.
This website is designed to give professional financial advisers information and tools that they can use to help control and develop their business and should not be relied upon by private investors or any other persons.