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PTFS and LifeQuote link up

Ryan Fowler

May 14, 2014

LifeQuote provides the tools advisers need to be able to fully recommend a tailored protection solution, comparing product features and prices across a broad panel of providers.

The service includes multi benefit quote options, Quote+, Decision-in-Principle tool and research tools to simplify the comparison of products.

Personal Touch will be launching LifeQuote with its own dedicated administrative support function providing members with a full administrative service removing the need for advisers to complete applications, chase any third parties and liaise with product providers.

With additional time taken to complete mortgage enquiries under the new MMR regime, this administrative saving will allow advisers to concentrate on the advice needs and not the tedious administration. The new LifeQuote service will cover products from Personal Touch’s ‘integrity’ protection panel which includes Ageas, Aviva, Friends Life, L&G, LV= and PruProtect.

Charlotte Power, senior protection manager at Personal Touch, said: “We have listened to our members to improve the advice process to ensure the best possible protection solution for consumers.

“Providing our members with access to LifeQuote’s multi benefit quote functions and tailored protection plans will allow them to feel confident they are providing the right advice to meet their client’s needs.

“Opening access to the Decision-in-Principle tool will provide a greater understanding of whether a protection case would be rated or declined – something we know can be a challenge when providing protection advice to consumers in today’s complex marketplace.

“Our aim is to provide consumers with enhanced product options and an improved advice experience. We are delighted to be working together with LifeQuote to help make this happen”.

Neil McCarthy, sales and marketing director of LifeQuote, added: “Personal Touch adopting LifeQuote is very important for a number of reasons; firstly, because it sends a clear message that mortgage advisers are one of, if not the most important access points for consumers requiring protection advice and our services will simplify the process and save them considerable time.

“Secondly, it highlights that there are no reasons why protection should not be discussed with clients regardless of their age or state of health, and we can use tools to make sure that any product combinations that are required can be purchased simply.”


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