LV= enhances business protection offering

Advisers can now apply for multiple life and cover policies under a single plan application with access to partially underwritten quotes and instant decisions.

LV= has also introduced a new online trust tool for business and personal protection, offering a step-by-step capture of relevant information and electronic signatures.

Chris McNab, protection proposition director, said: “This is an important step forward in simplifying and speeding up the business protection application process for financial advisers. Bringing the LV= business protection proposition on to Fastway allows advisers to easily build tailored plans for their clients. Our online trust capability removes the complexities and many of the frustrating delays often associated with arranging trusts.

“The combination of a more streamlined application and trust processes, the expert support for advisers and the additional benefits available to LV= policyholders all make for a compelling proposition. We’re well placed to help advisers demonstrate the real value and benefits of business protection for new and existing clients.”