L&G offers split sum assured on term assurance and CI

The split sum assured option will be available as part of the provider's menu product, and is designed to allow advisers to tailor protection sales to individual clients' needs and budgets. Bernie Hickman, managing director for protection at Legal & General, said: "It's important for people to have adequate cover against critical illness, but sales have been falling for the past few years. "Split sums assured makes it easier for advisers to sell critical illness cover on top of life insurance. Clients often can't afford as much critical illness cover as they can life insurance, which ...