30-05-2023 07:15 PM - edited 02-06-2023 12:34 AM
BMI is one of the most common reasons for customer pricing to change from the initial quote.
By adding a client's height and weight, advisers can provide their clients with a more accurate quote up front for term, whole of life, income protection, critical illness, multi-policy and multi-benefit products.
This enhancement allows advisers to manage expectations for clients with a high BMI, more simply and with a far greater degree of certainty around cost at the point of sale.
If you would like to know more about how Iress The Exchange can support you deliver the principles of Consumer Duty, then please contact your Iress representative.
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