VitalityLife has launched two online tools to help advisers recommend income protection and life insurance to their clients.
Reality Checker quickly calculates how long a person’s savings would last if they stopped working and includes stats on the likelihood of being off work for a length of time.
VitalityLife’s ‘Trust Hub’ facility is designed to make it easier for customers and their advisers to place a life insurance policy to benefit someone else in a trust.
Advisers can complete the trust process by filling in the clients’ details, after which the client can access the hub without logging in, complete the process and send off the end documents to the insurer.
Deepak Jobanputra, deputy chief executive at VitalityLife, said: “We’ve made a pledge to keep the customer at the heart of everything we do.
“With these tools we’re trying to help advisers show their clients the importance of both income protection and trusts in a quick, simple and engaging way.
“They are part of a range of initiatives we’re launching to make it easier to do business with us for adviser and customer alike.”
Tom Conner, director at Drewberry, commented: “It’s great to see Vitality build a tool that helps clients to realise the importance of income protection.
“It’s absolute madness how few people have this vital cover. It’s also extremely valuable for advisers to have access to online trust tools.
“Not enough policies are written in trust so it’s great to see Vitality make this process easier.”