Legal & General is releasing new mortgage protection assurance software to enable intermediaries to progress from quote to completed application without going online. The insurer has created a version of its mortgage protection bundle, Protection Choices, called Store and Forward.
Protection Choices has been available on the internet for just over a year, and encompasses term assurance, term assurance with critical illness cover, standalone critical illness cover and mortgage payment insurance. The new package includes an offline quotation system for Protection Choices and takes information through from quotation to be submitted when it is convenient for the intermediary to go online.
Graham Newitt, protection and housing director at Legal & General, said: ‘Store and Forward has a number of benefits ‘ if the intermediary is visiting clients at home with a laptop, for example. It also tailors the application to the customer. As long as the intermediary is using the current version of Store and Forward we would stand by the quotation.’