ProtectionGuruPro Live! (And everything else we covered last week)
The big news for us last week was that on Thursday ProtectionGuruPro officially went live.
Advisers wishing to access ProtectionGuruPro can now login using their same username and password as the main Protection Guru website. If you’ve not yet attended one of our demo webinars, where we show you how to use ProtectionGuruPro, we’ll be running more after the bank holiday weekend. We’ve also created a simple user guide, which explains how to create a comparison report and how the various features and options work.
HSBC Life have sponsored the launch of ProtectionGuruPro, which means we’re able to offer completely free access for advisers until the end of August.
We hope ProtectionGuruPro will be an asset to your business and a great help in producing and evidencing quality driven recommendations for your client, in just a few mouse clicks.
Elsewhere on Protection Guru last week, we started our regular content on Monday with an insight examining which insurers help advisers introduce critical illness cover to young people? This article specifically looked at the ‘child conversion’ option provided by a small number of insurers, allowing a client’s child to continue their own critical illness cover when the child cover on an adult plan ceases.
For Tuesday and Thursday’s insights last week we brought you all the coverage from our May Protection Forum. Across the two sessions, we discussed how advisers (and the industry as a whole) should promote protection insurance for consumers. We focused on how advisers can harness social media to reach more consumers, particularly underserved from demographics and what role case studies can play in consumer engagement. For anyone who missed the session we’d encourage you to take the time to read the playback content.
Turning to income protection on Wednesday, we looked at how clients can pause their premiums if they take a break from work. Whilst not specifically a solution intended to help clients struggling with the cost of living, the career break options offered by a small number of insurers can nonetheless provide a potential short-term solution for clients who are facing financial difficulties.
Finally, we finished the week on Friday with a round-up of recent insights we’ve published examining how certain medical conditions are covered on critical illness plans. These articles, published to coincide with awareness campaigns, such as World Parkinson’s Day (11ht April) are intended to help inform advisers not only on the differences in cover across various insurers, but also provide basic information on the condition itself, to enable more informed conversations with clients.
Our next Protection Forum will be held on Tuesday 7th June at 12pm, for anyone who hasn’t yet registered, advisers can sign up for their free ticket here.
Our overarching discussion topic will focus on standards, practices and behaviours of advised protection intermediaries. We’ll specifically be looking at some key issues such as what good/appropriate advice looks like, the importance of maintaining long-term relationships with clients, sales practises, minimum professional qualifications for advisers and what role insurers can play in driving up standards. We have a number of speakers already lined up and look forward to welcoming as many at the virtual meeting as possible.
Wishing all our readers a wonderful Jubilee bank holiday weekend!