L&G and Sterling in insurance tie-up

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Sterling Insurance Company has been selected as a Legal & General Network partner. This means its advisers can offer home insurance to their high net worth clients.

Sterling’s Executive Home Insurance complements the existing products available from Legal & General Insurance. Applications with a contents sum insured of over £70,000 or rebuilding costs of over £800,000 would typically qualify, as well as those with specified personal possessions over £20,000 or non-standard constructed properties. Referrals are passed to Sterling, which will handle all customer service and the fulfilment of policies.

Gary Burchett , managing director of housing at Legal & General, said: “Legal & General’s GI business arranged the relationship with Sterling and is closely involved in the on-going process. This important partnership with Sterling complements our already strong GI offering. Adding this partnership to our network proposition gives advisers greater earning potential and allows them to give a more comprehensive service to their clients. We plan to add further services to our Network proposition with carefully selected partners this year.”””

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