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Standard makes PTA product available online

Standard Life has rolled out its PTA product Life Insurance with Tax Relief on the internet via online submission, including underwriting.

The online process shows the gross and net premiums and clean cases have immediate temporary cover of 30 days or until the signed application is returned.

Quotes are available from www.adviserzone.com and the leading industry portals, offering enhanced commission levels for advisers preferring to use the online services. The incentives are 5 per cent enhanced commission for obtaining an electronic quote and 15 per cent for submitting the business online.

Standard Life sales e-commerce manager Billy Burnside says:

Our research shows advisers prefer obtaining quotes and submitting applications through portals and the extranet services of providers, rather than using the phone or fax.”

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