The arrangement extends Legal & General's existing strong relationship with Bankhall by providing its market leading range of protection products to the Preferred Panel.
Bankhall members using the new Preferred Panel will have access to Legal & General's innovative electronic quotation, application and underwriting services which makes the processing of term assurance protection contracts simple for both Bankhall members and customers.
Legal & General’s UK Operations Group Director Robin Phipps said: “Bankhall's decision to choose Legal & General as one of their key protection providers recognises our expertise in this; the quality of our e-support and our commitment to the sector."
Paul Hogarth, Joint Chief Executive at Bankhall said: “Legal & General has long been recognised as a key player in the protection market. We are pleased to be working with them as members of our preferred panel, which is a further offering as part of our integrated mortgage strategy in advance of regulation in this market area.”