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L&G launches two new online tools

Legal and General has launched an online business valuation tool to help SMEs calculate how much shareholder or partnership protection they need.

The tool acts as a guide to the levels of cover required based on individual shareholdings and allows the adviser to show the potential financial impact on a business if a shareholder or partner were to be diagnosed with a critical illness or die.

L&G has also launched a prospecting tool for advisers who wish to tap into the business protection and high net worth market segment.

The guide gives detailed advice on how an adviser can build a business plan to map out a strategy for working in the corporate marketplace.

L&G head of specialist protection Clare Harrop says: “We will continue to produce informative and helpful tools for advisers and aim to increase awareness amongst business owners of the need for adequate business protection.”

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