VitalityLife launches IP reality checker tool and online trust hub
VitalityLife has launched a reality checker income protection tool and an online trust hub to help advisers do business with their clients.
The reality checker income protection tool produces a brief lifestyle protection report – all in to show how long a person’s savings would last if they had to stop working. The report also produces a personalised income protection gap for a person and supporting statistics around the likelihood of being off work for a period of time.
VitalityLife said its new online trust hub facility makes it quicker and easier to place policies in trust.
It’s integrated with the insurer’s Advisor Hub dashboard so advisers can complete the trust process when it suits them, with the flexibility to save documents for later. All they need to do is enter a plan number to populate the information that’s already known.
Clients can also access the trust hub without logging in and can self-complete the trust process. Once they’ve downloaded the completed document, clients need to simply print, sign it and post the original document to VitalityLife.
All trust documents are available in the new Trust Library and VitalityLife has created a new Trust Decider to make it quick and simple for clients who are unsure about which trust to use. Once the basic details have been entered the tool will automatically populate the trust documents all within the adviser hub dashboard.
Deepak Jobanputra, Deputy CEO 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.”