Legal & General has unveiled a new online group protection calculator.
It provides “instant” quotations for businesses looking to provide group life and group income protection policies for their employees.
L&G says the calculator is designed for companies interested in insuring between 10 to 500 employees. For companies with up to 250 employees, it also provides a link for a full quotation through Legal & General’s online quote and buy system which can provide a full quotation within 15 minutes.
Jim Islam, executive managing director, corporate business, Legal & General Assurance Society, said: “We’ve made it easier for companies with up to 250 employees to access our group income protection and award winning group life products through our extended online quote and buy system. We’ve also created our new online calculator so businesses with up to 500 staff can quickly see the cost and value of our employee benefits.
“These products provide great support and are a clear commitment by employers to the wellbeing of their staff. They can help with both employee retention and attracting new staff by forming part of an attractive bundle that is more than just salary.”
