Synaptic Software is due to launch its instant quote and apply tool, Cover Me Now, at the end of March.
It asks twenty simple yes/no medical underwriting questions and assuming a customer can answer no to all of these, they can get on risk for a single life level or decreasing term assurance product, within 15 minutes to complete the process from beginning to end with the quote returning in as little time as 6 seconds. Adam Byford, managing director of Synaptic Software said Cover Me Now will reduce the time it takes for the majority of people to be covered with 70% of users expected to receive a guaranteed premium. The system is augmented with Synaptic Software's Webline portal so i...
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