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Workers crossing balcony Press release

AEGON Scottish Equitable provide advisers with more business protection tools

11 March 2008

AEGON Scottish Equitable, one of the leading providers of Business Protection solutions in the UK, has today made it much easier for advisers to accurately identify their client’s business protection needs and address the estimated £500 billion gap in this type of insurance.

Throughout 2007, AEGON Scottish Equitable held a series of Business Protection seminars. The seminars were successful in raising the profile and need for Business Protection in general and feedback was extremely positive, with 96% of attendees saying the Business Protection toolkit was valuable. After listening to specific feedback, AEGON Scottish Equitable is now making its Business Protection toolkit available online to all advisers.

The online toolkit provides advisers with the information they require to approach potential clients and help them understand the need for this historically undersold and undervalued type of protection.

Mark Meads, Head of Individual Protection sales at AEGON Scottish Equitable said: “One of the main reasons Business Protection is undersold is that many businesses don’t actually know they require it. For too long, providers and advisers have tried to sell the solution without first addressing the problem. Our toolkit helps highlight the specific need first and then suggests the various solutions.”

It still amazes me that many successful businesses happily insure the desk and what’s on the desk in a workplace, and don’t insure the key people sitting behind the desks. With this online information we’re enabling advisers to engage with their business clients and help them understand the potential long term financial consequences of having no business protection in place.”

The Business Protection toolkit is now online at http://www.businessprotection.aegonse.co.uk

About AEGON

  • AEGON UK has assets under administration of £52.3 billion and employs around 4,500 staff. AEGON UK is part of the AEGON group, which is one of the world’s largest listed insurers and has assets under management of £245 billion.

For further information

Mark LockeMark Locke
T. 0131 549 3766 | M. 07740 897 541
mark.locke@aegon.co.uk

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