BT upgrades life quote and application software

In a statement, BT said the first upgrade to its LifeCENTRAL+ software is split payment options for policies linked inside and outside super.

The split quotes feature shows the different payment frequencies across the super and non-super environments, helping clients understand how flexi or super-linking works in practice.

The other upgrade is its integration with the OmniLife Risk Research tool, allowing advisers to populate client data within the research software, saving advisers time and increasing the quality of record-keeping.

In addition, BT said it has extended its offer to waive the policy fees for Protection Plans for new applications submitted by 31 March 2019.

The waiver is available for Term Life, Total Permanent Disablement and Living Insurance policies. It is also available for income protection policies which are quoted and applied for at the same time as the lump sum cover.

“We’re pleased to be able to offer these latest upgrades as we continually improve LifeCENTRAL+ for advisers and their clients,” said BT acting head of product, life insurance Sean Boner.

“Life insurance can seem complex and obtaining cover does take time. We are committed to finding ways to make the customer experience easier, more streamlined and efficient.”

Adrian Flores

Adrian Flores is a deputy editor at Momentum Media, focusing mainly on banking, wealth management and financial services. He has also written for Public Accountant, Accountants Daily and The CEO Magazine.

You can contact him on [email protected].