VitalityLife has launched two new quick and easy tools to help advisers do business with their clients.
This simple tool helps advisers to highlight the growing need for income protection. With a few quick questions about income, savings and outgoings, the tool produces a brief Lifestyle Protection Report – all in a matter of seconds. The report shows how long the person’s savings would last if they had to stop working, along with their own personalised income protection gap, and supporting statistics around the likelihood of being off work for a period of time.
VitalityLife’s new online Trust Hub facility makes it quicker and easier to place policies in trust. It’s integrated with the insurer’s Adviser 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.”
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.”
For more information on both tools visit: www.vitalityrealitychecker.co.uk and https://adviser.vitality.co.uk/life/onlinetrusthub/open