Even though general insurance (GI) is instrumental in making sure a client’s property is fully protected it’s regularly overlooked. Ask yourself, is GI discussed in your office as often as it should?
As an adviser, it doesn’t take a great deal of time or effort to embed GI into your business. The products aren’t overly complicated, the commission earnings are better than you might think and the provider support is available any time you need it.
Plus, with the recent addition of UK general to the Paymentshield Home Insurance panel and 3 months free home insurance for clients going through a remortgage or product transfer it’s now even easier to start up a conversation about home insurance.
So, why aren’t more advisers talking about general insurance with every mortgage client?
Paymentshield’s latest whitepaper covers the reasons advisers give for not stepping in to offer advice on general insurance and asks the question do any of the typical adviser concerns around the time it takes to talk GI and the lower commission per policy compared to other financial products mean it’s OK for advisers to turn their back on ensuring their client’s home is fully protected?
Paymentshield’s latest whitepaper is one of the latest assets to be added to their adviser toolkit filled with resources to support advisers with their general insurance sales.