Technology provider, Iress, has added ex-smoker questions to its income protection (IP) comparison service on its platform, The Exchange.
The questions allow advisers to make a distinction between current smokers, non-smokers and ex-smokers, according to the provider. This means insurers can provide more personalised premiums that are more accurate to the client's level of risk. The Exchange Platform's ex-smoker feature has been supported by Aviva, Zurich, Royal London and National Friendly on launch. Jacqui Durbin, global head product for sourcing, Iress, said: "Following the successful launch of the ex-smoker feature on our term and critical illness comparison service, we are delighted to extend this to income protect...
To continue reading this article...
Join COVER for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, key trend analysis and industry insights.
- Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
- Receive breaking news stories straight to your inbox in the daily newsletter.
- Members only access to monthly programme 'The COVER Review'
- Be the first to hear about our CPD accredited events and awards programmes.
