HSBC UK has announced the appointment of Legal & General to its wealth panel.
The move will see Legal & General work with HSBC UK to offer its life and critical illness proposition to the bank’s customers.
This will provide HSBC UK wealth clients with access to Legal & General’s intermediary product suite consisting of life insurance, critical illness, family and mortgage protection.
HSBC UK revealed that its inclusion of Legal & General comes following a review and comprehensive assessment that it conducted of its panel providers.
Head of customer journey – protect at HSBC UK, Jonathan Saggers, said: “We’re delighted to add Legal and General’s protection products to HSBC UK’s Wealth Panel, increasing the breadth of support we can offer our customers.
“It was the combination of competitive customer pricing and the investment L&G have made in their underwriting capabilities to enhance the adviser and customer experience that stood out for us.”
Legal & General partnerships director, Claire Beardmore, added: “We are very excited to join HSBC UK’s Wealth’s protection panel and to be able to support HSBC UK in providing competitively priced life and critical illness cover to their customers.
“Customers need to have an opportunity to consider what cover they may need & to ensure their families are protected. We are very pleased to have our products available for HSBC UK advisers to offer.”
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