The system takes the information for Insurance from your Fact Finder and uses the internal calculator to create the ideal position that you client should be in.
It does this by taking the following information into consideration.
This allows for a complete financial picture of the client to be auto examined as it is using the latest data held in the system (generally 24 hrs old) to create the outcome.
It then factors in the lifestyle progression relating to the period of High expenses with low investment opportunity, using an income factor as the governing body.
You have the ability to override the Income Factor within the calculator.
The calculator coverts the lump sum payout into an annuity calculation based on all known factors then overlays the outcome with the current lifestyle position to define when or if the client will need to seek welfare support to maintain living standards.
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