22% PRICING DISCOUNT
Paymentshield have introduced a new 22% pricing discount for any remortgage, product transfer or equity release clients on their Defaqto 5 Star Rated Home Insurance.
Find out more about this offer and some FAQs HERE
3-MONTH PAYMENT HOLIDAY
Alongside the 22% price discount, Paymentshield have now also added the option to allow your clients to take a 3-month payment holiday with their Home Insurance. They can spread the cost (plus credit) over the remaining 9 months of their policy.
Read the full article HERE
ON DEMAND WEBINARS
To help energise you and your business, Paymentshield have relased a series of 4 on demand webinars for you to watch at a time that suits you. They include remortgage, Home Insurance, Buy-To-Let and soft skills
Explore the webinars HERE
22 QUESTIONS EBOOK
To help energise your GI business, take a look at Paymentshield latest eBook ’22 Questions’. Asking questions is the easiest way to learn & innovate. Boost your GI conversations by asking yourself and your clients the right questions with the help of our newest ebook.
Download the eBook HERE
RENT PROTECTION OPTIONAL EXTRA UPDATE
We’re really excited to let you know that our Rent Protection optional extra, provided by Arc Legal Assistance as part of our 5 Star Defaqto rated Landlords Insurance, will soon be available for new business again!
As part of our preparations, we’re making some changes to the level of cover offered under this optional extra. Existing Landlords Insurance policyholders will move onto new terms and conditions from their next renewal date.
The changes we’re making
To continue to offer a competitive level of cover, we’re making the following changes to the rent protection optional extra:
• Rent arrears will be payable for a maximum of 6 months
• We’ll be providing a mediation service as part of the tenant eviction cover
• Cover for rent arrears after vacant possession is achieved will be removed
Your clients will continue to benefit from:
• Rent arrears covered up to £2,500 of rent per month, even if the agreed rent is above that amount
• Up to £100,000 of legal costs, including mediation expenses, defence costs and handling the eviction proceedings
• A 24/7 legal advice helpline
What advisers need to do
Absolutely nothing! We’ll be providing your clients with all the details they need before their next renewal, with the first group of policyholders receiving their updated policy information from 13 July 2020
Your Paymentshield BDM is here to help
If you’ve a question about our Landlords Insurance, your BDM is on hand. Book a callback now and they’ll call you back at a time that’s convenient for you!
