Legal support service mitigates adviser risk - L&G


Legal & General has warned that advisers could be vulnerable to complaints action is they fail to ensure that business protection clients have completed the correct legal paperwork.

It feared that if intermediaries did not confirm shareholder protection clients had completed a cross option agreement to enforce the purchase of shares by a dead person's business partner they could be held responsible. Speaking at the COVER Health and Protection Forum, Clare Harrop, head of specialist protection at Legal & General, voiced her concerns on the matter and unveiled the provider's new legal support service. The fixed price menu for business protection legal services is part of an exclusive agreement with Lifetime Legal Services that was launched at the Forum. Harrop h...

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