IRESS has announced its portal The Exchange has upgraded its protection underwriting capability.
The new functionality will enable advisers to provide their clients a greater degree of certainty around the impact of body mass index (BMI) and waist size calculating any required rating and the correct premium for protection quotes at the point of sale. IRESS has enhanced the existing quote process by adding optional underwriting questions on height, weight and waist size which will allow partially underwritten quotes to be returned alongside standard quotes. The additional information gives providers the ability to return a more accurate quote relating to arguably the most common c...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes