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Protection sales up for Legal & General

Legal & General have announced that its sales of protection products increased by 88% in the first half of this year.

Annual premium sales of protection products such as term assurance and critical illness stood at £70m in the first half, compared to £37.3m in the first half of 2001. L&G capitalised on the growth in demand for repayment mortgages by continuing to offer protection products, with IFAs and business partners able to focus on clients&#39 needs for life and critical illness cover as well as mortgage repayment insurance.

L&G have enjoyed considerable success with their online proposition for recommending and submitting cases, with more than half of its protection applications submitted online.

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