Technology provider, Iress, has added ex-smoker questions to its income protection (IP) comparison service on its platform, The Exchange.
The questions allow advisers to make a distinction between current smokers, non-smokers and ex-smokers, according to the provider. This means insurers can provide more personalised premiums that are more accurate to the client's level of risk. The Exchange Platform's ex-smoker feature has been supported by Aviva, Zurich, Royal London and National Friendly on launch. Jacqui Durbin, global head product for sourcing, Iress, said: "Following the successful launch of the ex-smoker feature on our term and critical illness comparison service, we are delighted to extend this to income protect...
To continue reading this article...
Join COVER for free
- Unlimited access to real-time news, key trend analysis and industry insights.
- Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
- Receive breaking news stories straight to your inbox in the daily newsletter.
- Members only access to monthly programme 'The COVER Review'
- Be the first to hear about our CPD accredited events and awards programmes.