MLC has made 35 updates to its Riskfirst and Illustrator technology to help advisers write more life insurance business.

It has also introduced a 12-month cover buy-back feature enabling clients to restore their life insurance benefit in the event of a total and permanent disability claim.

Other product upgrades include type one diabetes cover, income protection with superannuation and a new benefit period to age 70.

MLC Insurance EGM Duncan West says the company has promised regular product upgrades and improvements to its electronic delivery systems.

“Advisers using our Riskfirst technology have seen a reduction in turnaround times on new business of up to 70%,” he said.