Medicals Direct Group (MDG) has formed a partnership with Aviva, Just, Legal & General and National Friendly in an initiative to create a common quote process for the immediate needs annuity market.
A MDG spokesperson said that the new service will see MDG gather medical information on behalf of the four providers – and, she said, “save time and remove additional pressure” on care providers and GP surgeries.
She added that advisers will benefit from dealing with one company – MDG – rather than four, streamlining the process.
She also said that key benefits to the new process will include:
- A new Care Fees Plan Questionnaire has been developed to include all four providers, which only needs to be emailed to MDG in a “streamlined process”
- This single questionnaire enables advisers to request quotes from all companies at once; advisers will also receive progress alerts as their case reaches key milestones
- MDG will use nurses to gather medical data from care homes by telephone interview on behalf of all providers and will obtain one GP report that can be used by all the providers that require one
Suzanne Wilkinson, account director at MDG, added: “We are thrilled to be able to provide this new, exciting service and work closely with our partners at Aviva, Just, Legal & General and National Friendly.”
