To help energise your business and support your clients, our 5 Star Defaqto Rated Home Insurance now comes with the option to take a 3-month payment holiday at the start of the policy with the annual cost (including credit) spread over the remaining 9 months of cover.
Whether it's for a first-time buyer, home mover, remortgage, or product transfer client, the payment holiday is available to all of them.
Many people are struggling financially due to the impact of the COVID-19 pandemic and are seeking temporary financial relief. Our recently commissioned YouGov survey of over 2000 UK adults to understand the impact of coronavirus revealed 35% of respondents said they were actively looking to cut costs more than before.
The 3-month payment holiday option is a great reason to get in touch with your clients you may not have had cause to contact in a while to see if they’d like a review of their current home insurance, or for upcoming remortgage or product transfer clients who may need more of an incentive to switch their home insurance.
To take advantage of the 3-month payment holiday, select the new option that's been added to the payment details stage of the Home Insurance quote and apply process in Adviser Hub. Due to the speed of bringing this option to you in Adviser Hub, it is not currently available to a small percentage of advisers.
To discuss making the most of this latest enhancement with your clients, request a callback from your BDM and they’ll call you at a convenient time.