The new service allows advisers to quote and produce an illustration for individual income protection (IP) and houseperson’s cover through the company’s website in a few simple steps.
IP quotes can be produced on a level or increasing basis, with the option to choose a weekly benefit amount or total premium figure. Quotes incorporating multiple deferred periods can also be produced, and a calculator is available to help advisers estimate their clients’ shortfall based on their salary and circumstances. Advisers can print the illustration, save the quote for retrieval later or proceed straight to the online application form, which is pre-populated with the client’s details.
Dave Mace, head of eBusiness at Friends Provident, said: This new development will make life easier for advisers and enhance the service they can offer their clients through the provision of a quick and efficient end-to-end online process.