NOTE: To watch a training video explaining your insurance settings, click here.
Based on your client's fact find and needs analysis, Trail estimates the amount of cover that the client needs, and the premium they will pay for this cover. This makes it easy to recommend cover to your clients. In your cover level settings, Trail allows you to select standard amounts of cover that you think your clients should need, to make the recommendation and variation process a lot quicker.
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. This can be found to 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 some cover items, such as funeral costs, and if these cover levels are based on a default you have set or your clients' needs analysis answers. These defaults can always be varied on a per-client basis.
The 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.