Friends Life improves IP calculator

clock

Friends Life has made improvements to its maximum benefit calculator facility on its quotation platform to help advisers calculate income protection requirements for clients.

Advisers can now generate their client's maximum benefit by entering their gross annual salary and any other income, alongside their annualised net sick pay figure.

Friends Life said the upgrade also allows advisers to clearly see how much income benefit their clients are eligible for, while they receive sick pay and when these payments cease.

Louise Colley, managing director of protection at Aviva, said: "Making the process of applying for protection easier and clearer for both advisers and their clients is one of Aviva's key steps towards improving the level of protection in the UK.

"These enhancements to the benefit calculator will make offering high quality protection cover through Protect+ a much more straight-forward and positive experience for advisers."

The improvement to the maximum benefit calculator follow benefit enhancements to Friends Life's Protect+ income protection proposition announced earlier this month.

Aviva completed its acquisition of Friends Life in this year in a deal worth £5.6bn. 

Further reading 

Friends Life Fracture Cover now on LifeQuote

More on Income Protection

Cirencester Friendly joins ABI

Cirencester Friendly joins ABI

IP awareness

Cameron Roberts
clock 24 April 2024 • 1 min read
Stonebridge adds new Homeowners Income Protection to offering

Stonebridge adds new Homeowners Income Protection to offering

Partnership with Wessex Group

Jaskeet Briah
clock 16 April 2024 • 2 min read
Dentists' Provident releases annual report

Dentists' Provident releases annual report

£5.2m paid in sickness claims

Cameron Roberts
clock 12 April 2024 • 1 min read

Highlights

COVER Survey: Advisers damning of protection insurer service levels

COVER Survey: Advisers damning of protection insurer service levels

"It takes longer than ever to get underwriting terms"

John Brazier
clock 12 October 2023 • 5 min read
Online reviews trump price for young people selecting life and health cover

Online reviews trump price for young people selecting life and health cover

According to latest ReMark report

John Brazier
clock 11 October 2023 • 2 min read
ABI members with staff neurodiversity policy nearly doubles

ABI members with staff neurodiversity policy nearly doubles

Women within executive teams have grown to 32%

Jaskeet Briah
clock 10 October 2023 • 3 min read