Who can advise on business protection?

clock • 4 min read

Legal & General's Richard Kateley says we should avoid pigeonholing advisers when discussing who should sell business protection. Here's why.

There remains a distinct lack of awareness and self-recognition amongst business owners in the UK of the need to protect their enterprises and the solutions available for doing so when it comes to the human side of their business. Most business owners are unaware that they can insure ownership of their business, a key employee, or even the debts they owe. However, with Legal & General research showing that 89% of all business protection clients taking out these products because they were advised to do, it reinforces the important role that advisers play in this industry. Therefore,...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Whole of Life

How to resuscitate the life market

How to resuscitate the life market

Focus on customer outcomes

Rory Yates
clock 19 November 2024 • 4 min read
Case Study: RedArc

Case Study: RedArc

Life policy case study

Christine Husbands
clock 09 October 2024 • 3 min read
Industry reacts: FCA market study

Industry reacts: FCA market study

FCA probe welcomed by industry

Cameron Roberts
clock 28 August 2024 • 4 min read