Unum: New underwriting system

The system has been designed to simplify the application process for advisers and enable them to get their clients insured with immediate effect, where possible. Unum anticipates that more than 80% of underwriting decisions will be able to be made immediately, without the adviser or client having to obtain any additional information from the applicant's doctor, regardless of the amount of benefit being requested. Linton Penman, Head of Retail Sales and Marketing at Unum said: "Many advisers complain that the underwriting process for income protection is often time-consuming and they ...