Life on Wrap
DKN distributes a range of risk products from BT to the DKN community. BT offers a comprehensive range of risk protection benefits that are competitively priced, simple to use and designed to meet the needs of most clients.
The seamless integration to the BT Wrap platform makes life insurance easy to quote, easy to track and rewarding to write. BT Life offer a comprehensive policy range including:
- Life insurance (super and investment wrap)
- TPD insurance (super and investment wrap)
- Income Protection - basic cover (super and investment wrap)
- Income Protection - comprehensive cover (investment wrap only)
- Living (Trauma Cover) (investment wrap only)
Benefits of using BT Life Protection Plans include:
- Guaranteed renewable / non-cancellable cover that fully integrate with clients investment or superannuation wrap accounts
- Quoting and tracking of clients' insurance needs online so you always know the status of your clients' policies both during underwriting and after policy issuance
- High independent research house ratings at very competitive premium rates
- Automatic upgrades whenever improvements are made to policy terms and conditions
- A ‘simple' 11 question application process for applicants with sums insured up to $1 million (under 46 years of age) and up to $750K up to 55 years
- Income Protection and TPD cover available for a range of hazardous occupations
- Cover for dependant children
- Full retail commission structures are available but can also be dialled down to nil on a case by case basis depending on your practice remuneration structure
Click here for more information about Life on Wrap.
BT's LifeSAVER+ analysis tool
In addition to BT Life's product offer, practices have access to BT's unique insurance needs analysis tool, LifeSAVER+.
Described by the independent Risk Info service as 'a brilliant interactive tool for advisers to use with their clients', LifeSAVER+ is an interactive simulation tool that looks at clients' life stages and shows how insurance can help them at different times throughout their lives. In plain english, LifeSAVER+:
- Outlines and explains the different types of insurance available, their purpose and what they do for the client
- Helps determine what level of insurance the client may need to consider
- Provides an excellent Claims Calculator that clearly demonstrates the likelihood of a client claiming, based on their personal circumstances
Once completed, the LifeSAVER+ Report Writer creates a tailored report of what has been discussed so that the client can take it away with them.
DKN's Risk Specialist, Peter Stathis, can assist with arranging installation and training associates on the use of this tool.
