Old Mutual Wealth is launching a new online application system for its protection products.
The sale of protection products can be hindered by a lengthy application process, the insurer said. Old Mutual Wealth said it's new Protect Quote and Apply system will make it easier for advisers to bring flexible protection options and a wide-range of cover options to their clients using the online system. Protect Quote and Apply offers automated underwriting of applications, automated email updates, and a dashboard to track pipeline business. The new online technology also includes a ‘trust wizard' tool to encourage writing more policies in trust. Old Mutual Wealth has been i...
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