Royal London has launched a protection tool to help advisers offer menu protection plans to clients
Advisers can input information about their client, including age, salary and whether or not they have children into the online tool, which then outlines possible cover options. Based on an estimated cover term, the results show a menu of cover options and the likeliness of a client needing to make a claim on the suggested covers, said Royal London. The results also show a side-by-side comparison between traditional protection plans and menu plans to show how comprehensive, flexible and cost-effective...
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