F&TRC's Ian McKenna analyses Royal London's online indicative underwriting decisions tool and why it might benefit both advisers and paraplanners.
When providing advice on protection cases where a loading may be expected it's important to be able to give the client a realistic indication of the likely premium as soon as possible. FCA Treating Customers Fairly regulations require that "Consumers are provided with clear information and are kept appropriately informed before, during and after the point of sale"; identifying potential ratings looks like exactly what the regulator has in mind. There have been significant advances in online...
British Friendly has introduced an online Adviser Toolkit to encourage income protection sales.
Zurich has launched a 'selfie' app called FaceQuote which estimates how much life cover someone might need.
The official supplement of this year's COVER Excellence Awards is available to read now as an eBook.
Child cover within critical illness plans has assumed a far greater importance in recent years, writes CIExpert's Alan Lakey.