Later this year, the three million customers of the National’s Clydesdale, Yorkshire and Northern Banks will be offered Legal & General life insurance as a stand-alone product and as part of its mortgage and critical illness protection range. Over the next few months an intensive training programme will be implemented to provide training and support to Clydesdale, Yorkshire and Northern Bank customer service teams and financial planners.
Commenting on the agreement, Annette Petchey, head of creditor and life insurance for the National in Europe said, “This is a significant agreement for the National in the UK and a major step forward for the re-engineering of our UK insurance operations. Legal & General is one of the UK’s most trusted and respected financial services companies with a customer-driven business culture. We know our customers will respond well to the new offering and are looking forward to making the benefits of Legal & General products and services available to them as soon as possible.”