Protection increasingly written in online trusts says Fortis

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There has been significant growth in the number of Fortis policies written in trust since the introduction of online processing.

The provider has seen the number of policies written in trust more than double over the last four months in comparison with the previous four months. Fortis' simplified process has removed the need for form filling and wet signatures are not required. As a result, advisers can write covers in trust for both Term assurance and Accelerated Critical Illness online at point of sale, eliminating any delays in getting the business on risk. The process was developed in response to feedback that writing covers in trust was beneficial to customers, but often made too confusing and difficult. ...

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