Astute’s Insurance Planning tools provide advisers with an end-to-end process for facilitating Personal Insurance for their clients.
$50 +GST P/M
Client Engager ($200) + Insurance Calculators $50 +GST P/M
= $250 + GST P/M
The needs analysis calculators provide the financial planner with a structured discussion to capture key information from the client around their insurance needs.
The process is flexible and intuitive with the end result being a comprehensive and logical needs analysis with file notes automatically generated. Because the analysis is saved on the system a yearly review can be done in minutes, just one way a financial adviser can show value using this calculator.
The details page allows the adviser and client to confirm various financial details and assumptions that will be used in the insurance calculators to determine the clients’ needs. These can subsequently be adjusted to show the effect on each insured amount.
The life insurance calculator provides a sequence of questions to help the client determine how much life cover their family requires in the event of either partner becoming deceased.
The graph provides a visual representation of each decision on the clients’ annual cashflow and shows the total amount required.
The income protection calculator draws the components of the client’s salary from previous information supplied and allows the adviser to quickly and easily determine the client’s income protection options and their wishes.
Building on the information provided in the life cover and income protection calculators, the Total and Permanent Disability Calculator (TDP calculator) provides further questions for the clients to consider if either of them became totally and permanently disabled.
The graphs visually depict the impact of their decision on both annual cashflow and shows their overall insurance needs.
The Trauma calculator, provides a number of questions for the client to consider if either of them were to experience a trauma event and the graph shows visually the components of their trauma needs and the accumulated lump sum required.
Generate strategy papers & statements of advice
Facilitates a comprehensive risk needs analysis with summary and file notes. Calculators include Life Insurance, Income Protection, Total and Permanent Disability, Trauma & Critical Illness. Add current polity and replacement product information and click ‘generate’ to produce the SOA in seconds.