AdviserLogic upgrades insurance quoting tool
Financial services technology company AdviserLogic has enhanced its life insurance quoting and comparison module RiskLogic.
The new data will allow advisers to compare the features of a client's legacy policy with a recommended product, which will improve the process of preparing a statement of advice, AdviserLogic said.
"The enhanced analysis allows advisers to identify feature-based strengths and weaknesses and it's all right at their fingertips," AdviserLogic head of development Daniel Gara said.
Other features of the life insurance quoting and comparison module include multi-life discounts, adjustment of premiums for commission rebating, flexi-linking and optimisation and premium projection.