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19 Mar, 2008


LV= has announced advisers that use its express route to apply for protection products will receive an extra 10 per cent commission.

The move aims to reduce the risk of non-disclosure and cut the workload for advisers.

The express route requires advisers to submit a few basic client details online. The client is then contacted by a tele-interviewer who captures necessary medical, health and lifestyle information.

Director of intermediary strategy and business development Stuart Tragheim says: "We're focused on supporting advisers who have more on their plate than ever before, whether through saving them valuable time or providing expert support for their clients. This is also our latest initiative to reduce the incidence of non-disclosure which can lead to difficulties when a claim is made."



       
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