Progress becomes more efficient

In an effort to cut down the administration time for IFAs, Progress from Royal Liver has increased its financial underwriting evidence limits on its life cover products. The move is expected to limit any requests for detailed financial information for plans with very high benefit levels. For plans with cover up to £1m - the progress online system will perform financial background checks with no additional financial information required from the IFA or their client. For plans with cover between £1m and £2m - a financial questionnaire will need to be completed by the IFA and their client. F...