LifeQuote releases decision in principle tool

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LifeQuote has developed a decision in principle tool for the protection market to assist advisers with the process of placing difficult lives with insurers.

The tool has been designed to prevent advisers producing multiple applications for each client and to improve completion rates. It helps the adviser with collecting the necessary information and sending a detailed summary of the client's circumstances to providers. It then automates secure distribution to each underwriter selected by the user with decisions and comments returned in the same format. The decision in principle device is compatible with iPads and other mobile technology. Neil McCarthy, sales and marketing director at LifeQuote, expects the utility to create efficien...

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