360 Lifecycle’s integration with Paymentshield delivers intelligent, innovative insurance products and services, exceeding the needs and expectations of advisers.
Paymentshield is a leading insurance provider enabling advisers to offer quality insurance to their customers. Through its Adviser Hub platform and API-capabilities, Paymentshield makes general insurance easy. They offer a range of insurance and protection products for homeowners, tenants and landlords.
Home Insurance: Whether you need insurance for your buildings or contents, or a combination of both, Paymentshield can help protect your home with a range of options that let you decide how and what you pay for. Their 5 Star Defaqto rated home insurance is underwritten by a panel of insurers meaning you can offer your clients a range of quotations.
Mortgage Payment Protection:
This cover ensures clients receive a monthly tax-free income if they’re unable to work due to an accident or illness. They can receive up to £3,000 per month or 75% of their gross monthly income (whichever is lower), helping them cover mortgage repayments and other household costs. The amount they receive depends on their chosen monthly benefit and qualification period.
For new mortgage protection customers, cover is only available for loss of income due to accident and sickness. However, existing policy holders with unemployment cover can still claim for involuntary redundancy, provided it aligns with the terms and conditions of their policy.
Reach out to our sales team, start a conversation via live chat, or complete the form on our contact us page.