Online 'on risk' approach broached

IFAs using Webline will notice a new button link to the service through the PMI section of the service, a spokeswoman says. The technology coupled with involvement of HOL part-owner Munich Re and permission from the overseer of the direct debit payments system, has resulted in a way for clients to obtain "on risk" cover before providing a signature. The system works by obtaining a validation from the client, in a similar form to an "I accept" clickthrough. It is also similar to purchase point systems used by retailers such as Amazon, the spokeswoman adds. Clients are covered as ...