Trail allows you to tweak Cover Level Settings which will affect how the Recommended Cover Calculations function for each Insurance Advice Opportunity you go through with your clients. The calculations work by using your client's Fact Find and Needs Analysis to make an estimate of how much cover your client needs and an indicative Premium amount that they need to pay for this.

Changing your Cover Level Settings will allow you to have standard amounts of cover that you think your clients should need, and this helps make the recommendation and variation process a lot faster 👍

Any changes you make here will only affect newly generated Recommended Cover tables moving forward, it will not affect ones already generated (you'll need to click 'recalculate' for the updates).

You can navigate to your Settings - under Insurance Settings - and you'll see them here:

The cover level settings are made up of 6 different sections - general settings, and then settings for each of the main cover types:

The General Settings allow you to decide if you would like to show your client estimated cover premiums, and if so, which insurer these estimates are based on. These premiums are shown on the summary of the cover level portal. 

Each cover type setting allows you to write an educative paragraph about the recommended cover type to help your client best understand what the type of cover includes:

What you write here, can then be found when a client is going through their your Recommended Cover with them in the client portal - and it will show on the right of the page under 'Open Content'.

You may also set up default policy additions for each cover area here in your Insurance Settings under each respective section, which will appear automatically in clients' recommended cover.

From these settings, you can also decide on what your default cover levels are for individual cover items:

For example, "Final Expenses" is for editing funeral and estate settlement expenses, you can set the basic standard amounts your client should be covered for.

These defaults can always be varied on a per-client basis by selecting options from the Usage dropdown:

These settings also let you decide on how some calculations work, such as how to measure what a client's expected future income is. This can be found under the 'Income' tab of your cover level calculations section in settings.

If you wish to adjust the cover levels for when you're recommending dependant cover to your clients, then these can be found under the Trauma and the Health tab - and you'll need to switch over to the 'Dependant' tab here:

The sections that can be adjusted here are available products you can offer to dependants as part of advice to their caregivers 👍

Learn about the other insurance settings, or read more about how to use Trail for insurance.