Zurich Financial Services Australia has announced new life risk product enhancements and technological wizardry to help financial advisers cut administration time.

Its updated LifeXpress product line-up includes higher levels of total and permanent disability cover for business people and a new double trauma option that provides reinstatement of death cover with a waiver of premium.

Income replacement and business expenses covers are improved, and there’s a new insured child option, offering up to $200,000 of death cover, terminal illness and trauma benefits.

Zurich says it has further refined its LifeXpress all-in-one software in line with advisers’ suggestions, covering quoting, electronic lodgement and auto underwriting.

GM Life Australia Colin Morgan says the enhancements aim to help financial advisers to stay focused on their main game – advising financial strategies – rather than filling out detailed forms.

The Zurich system allows advisers to use a paper-based or e-application as well as the tele-underwriting service that can save up to four hours in administration time per customer.