Due to popularity we are bringing back our 10% benefit premium discount on loaded plans.
This offer includes a 10% premium discount on all benefits that are loaded and activated from 23rd November until 31st December 2015. The benefit loaded will be reduced by 10%.
Example:
- Premium of £1,000 p.a.
- £400 Life Cover
- £600 SIC
If SIC is the only component that is loaded then the special offer premium will be:
£400 + (£600 x 0.9) = £940
How it will work
1. A list of qualifying pipeline cases will be sent to each Franchise Director on 23 November.
2. To activate this offer, contact case management (via normal procees) who will reissue a quote that includes the 10% benefit discount. We will require a start date,
3. On acceptance of the quote, before 31st December 2015, new terms will be issued to the adviser and client.
- Commission will be paid as normal (on the final premiums paid).
- If an application is loaded and goes straight through URE, the Business Consultants can ask for this to be reviewed and a waiver can be applied retrospectively.
- If the IFA receives an underwriting outcome online, they can refer the case to underwriting for the reduced benefit premium to be applied.
Eligibility
- Applications accepted on special terms and awaiting a start date.\
- Applications submitted during the offer period are also eligible. Underwriters will apply the discount when terms are issued.
- The plan must be activated by 31st December 2015.
Please note: This offer does not apply to any benefits with ‘per mile’ loadings, temporary loadings or loadings on whole of life, joint life last survivor benefits. Whole of life and joint life last survivor will be considered on a case by case basis. The discount does not apply to the total premium but the actual benefit that the loading has been applied to.
