Friday, 6 June 2014

TSB signs protection partnership with Legal & General

TSB Bank has announced a new partnership with Legal & General to distribute a range of the insurer's protection products. The 5 year partnership takes effect in July 2014 and covers term, critical illness, income protection and whole of life products. 

The partnership covers a range of distribution channels and where appropriate, TSB customers will be referred to dedicated L&G advisors. 

The change comes in advance of the bank's formal split from Lloyds Banking Group and at this stage, TSB Bank's home insurance remains with Lloyds Bank General Insurance. 

Lloyds Bank protection products contnue to be provided by group subsidiary, Scottish Widows.