Zurich Financial Services is about to roll out a series of underwriting and technology enhancements that form its October 2009 ‘Spring Update’.
Key changes include:
- Improvements to financial underwriting limits for lump sum products
- Simplified process for moving between level and stepped premium benefits
- Improved income cover availability for recent graduates
- LifeXpress (eApp) application improvements, mostly around navigation, now allowing file attachments
- The Zurich superannuation master trust (ZSP) risk business is now available via the insurer’s LifeXpress platform
In the interests of improving electronic communications between itself, advisers and clients, Zurich advises a greater number of forms are now allowed electronically without the need for a hard copy signature (such as client address changes via email).
The insurer points out there have been no product or pricing changes as a result of these enhancements.
Click here to access our riskinfo Resource Centre copy of Zurich’s Underwriting Guide Insert, which contains all updated underwriting details.
