Legal & General has extended its electronic trading systems for its protection range so that more cases can be processed automatically through the whole new business process.
The company has enabled IFAs and business partners using its eProtection Choices range to benefit from an automated underwriting service similar to that of its Online Term Assurance which is popular among advisers.
OLTA allows advisers to go online to collect and validate all the required customer data and receive an underwriting decision while still online.
eProtection Choices enables advisers to collect customer data and complete applications offline before going online at a convenient time to submit forms to Legal & General.
The enhanced eProtection Choices system means applications for this range of products will also benefit from Legal & General's automated underwriting tools and in many cases these will now be completed as soon as they are received.
Policy documents for such cases will be issued automatically and immediately.