Pioneer bins 'wet signature' across IP range

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Income protection (IP) provider Pioneer today unveils a signature-less application process across its entire product range.

Clean cases will go on risk the same day as the electronic application is received, it says, adding a signature will only be required if further medical information is needed. Previously, online customers would also have to send in a signed declaration before the policy started. Pioneer is the latest provider to scrap the need for a wet signature, with Friends Provident, Bupa and Axa also cutting it for standard online applications. Advisers say the move has an obvious environmental benefit and also enables quicker processing for customers. Pioneer says it hopes the move will kick-s...

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