HSBC Life UK Joins Forces with Primis to Expand Protection Options
In a move that is set to revolutionize the protection landscape, HSBC Life UK has been added to Primis’ esteemed panel of protection providers. This strategic alliance is poised to offer brokers an unparalleled range of protection products and services, thereby empowering them to provide their clients with the most comprehensive protection solutions.
Enhanced Protection Options for Brokers and Borrowers
With HSBC Life UK on board, Primis’ brokers will now have access to a diverse range of protection products and services that cater to the unique needs of their clients. One of the standout features of HSBC Life UK’s offerings is its pre-sales underwriting tool, which provides an instant indicator decision. This innovative tool is designed to streamline the underwriting process, making it faster and more efficient for brokers and borrowers alike.
In addition to its pre-sales underwriting tool, HSBC Life UK’s range of protection products and services includes a waiver of premium, non-underwritten options, critical illness cover (CIC), online health services, nurse screening with real-time dashboard and notifications, and children’s critical illness cover at no extra cost. This comprehensive suite of products is designed to provide borrowers with the protection they need to safeguard their financial futures.
Protection insurance is essential for borrowers
A Commitment to Consumer Duty
Matt Brown, Head of Proposition at Primis, emphasized the importance of this alliance in ensuring that borrowers are offered adequate protection cover. “Consumer Duty means we must ensure our borrowers are offered adequate protection cover, and this alliance is another example of Primis illustrating that we are committed to doing exactly that,” he said.
Empowering Brokers to Thrive
Richard Waters, Interim Head of Protection Distribution at HSBC Life UK, echoed Brown’s sentiments, highlighting the critical role that brokers play in advising protection sales. “Brokers have a hugely important role to play in advising protection sales. This move means we can make sure more brokers and borrowers can access our suite of products and services,” he said.
Mortgage brokers play a vital role in advising protection sales
By joining forces with HSBC Life UK, Primis is demonstrating its commitment to providing brokers with the tools and resources they need to thrive in an increasingly competitive market. As the UK’s largest mortgage broking network, Primis is well-positioned to drive growth and innovation in the protection space.
Protection insurance is essential for borrowers
