IRESS has launched an adviser-accessible 'buy-now' term assurance option is now available through its quote and apply sourcing engine, The Exchange, which avoids a fully underwritten process.
The Cignpost Life product, which is displayed alongside other quotes to show its competitiveness and provides advisers and clients with price certainty at the point of sale, is envisioned as a quick, simple and affordable protection solution. The technology functions by building in qualifying criteria agreed between IRESS and the product provider in order to skip straight to the point of purchase. "Protection advisers have been crying out for a digital solution to streamline the existing process and get clients appropriate life cover quickly, at an affordable cost," said IRESS general...
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