Premium Management
The Inforce Quote Tool (IQT) helps you review existing insurance arrangements, compare alternative cover options and identify solutions that better meet your clients' current needs.
Whether you're conducting annual reviews, responding to premium affordability concerns or discussing changing client circumstances, IQT makes it easier to explore options to reduce cover, support retention conversations and deliver value to your clients with confidence.
How does IQT support my client conversations?
Annual Reviews
Life Changes
Retention Conversations
IQT helps you efficiently model and compare cover reduction options to support informed client conversations.
Self-service quoting, any timeGenerate in-force quotes instantly, any time of day, with 24/7 access and no need to contact the support team.
Faster client reviewsGenerate updated quotes and compare cover scenarios based on your client's current cover details, reducing administration time and allowing you to focus on advice.
Retain valuable coverWhen affordability becomes a concern, explore alternative cover structures that may help clients retain valuable protection while managing premium costs.
Facilitate life stage reviewsHelp clients assess how changes in their circumstances may impact their protection needs, while clearly illustrating the trade-offs between cover levels, policy features and premiums.
Compare multiple scenariosModel different cover levels, waiting periods, benefit periods, and cover combinations to demonstrate the premium impact of changes.
Reduce administrative burdenMinimise manual data entry, improve consistency, and streamline your review process.
What can I request through IQT?
Whether your client is looking to maintain their level of protection, reduce premiums, or adjust their cover structure, IQT can help you explore and illustrate available options.
- Decrease in cover amount
- TPD Definition changes – Own to Any, TPD CORE
- Waiting period increases
- Benefit period reductions
- Add AIA Vitality
- Change smoker status (smoker to non-smoker rates)
- Change payment frequency
- Remove rider benefits
IQT Resources
To help you get the most out of IQT, we've developed a User Guide for advisers to use.
Get Started
IQT helps you spend less time on administration and more time delivering value to your clients.
Launch IQT today and discover smarter ways to review, retain and optimise your clients' insurance cover.
Log in to the Adviser Portal, find your client's policy, and select Inforce Quote Tool (IQT) to get started.
