AdviserLogic upgrades insurance quoting tool

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.