Mortgage News
Income Protection available on eSelect
Income Protection (IP) is now available on Friends Provident’s online underwriting system eSelect giving advisers access to straight through processing and interactive underwriting at the touch of a button.
As a result of this enhancement to eSelect, Friends Provident’s IP has now been upgraded to the top Financial Technology Research Centre (FTRC) accolade of ‘triple e’ rating.
The benefits of adding IP to eSelect for advisers include, faster new business processing, a new increasing option that rises in line with the retail prices index (RPI) and the system’s ability to offer ratings and exclusions where appropriate. This enhancement to eSelect will not only help advisers but is designed to enhance the service advisers provide to their clients.
Mark Jones, head of protection marketing at Friends Provident, said it was the market leading IP provider and it was confident that this latest enhancement to its eSelect platform would make life easier for advisers. He explained: “We are not only expanding the range of protection products available online, but by adding IP advisers can take advantage of a range of benefits that both the system and our products offer, including straight through processing.”