Just an update Monday 20th November
This week's headlines: Legal & General enhances Umbrella Benefits Care Concierge Service Legal & General’s new Care Concierge service is a free, confidential telephone advisory service that gives your clients access to care experts. They’ll be able to support with: Providing impartial and expert guidance to help them understand later life care options. Helping them find care as quickly as possible. Changes to Fracture Cover and Private Diagnostics Legal & General will be making the following changes and informing clients 30 days prior to their renewal. There will no longer be a limit on the number of unique conditions a client can have a consultation for per year. Cover now includes blood tests, biopsies, and endoscopies. If a client requires a biopsy, they can now have up to four consultations for their condition, as opposed to three. Fracture Cover: Maximum yearly policy pay out is reducing from £7,500 to £4,000 and now has a football exclusion Find out more and view their new case study
Maximise your General Insurance with Paymentshield’s latest webinar Paymentshield’s latest webinar will explore how to get the most out of your GI business. What will be covered? The learning outcomes for the webinar will be; How planning and preparing for your GI conversations can make all the difference. Discover the different ways you can now do your GI business, including Paymentshield’s referral offering, and the new route which allows customers to purchase their own policy via Paymentshield. Understanding the value of discussing optional extras, and how to add them in to help tailor your clients policy to them, and also showcasing your expertise. How to identify the soft skills, such as effective questioning, what type of questions to use and when, and how to overcome any objections you may face when talking to your clients. How to utilise the additional support tools available to you to maximise the effectiveness of your GI business. The webinar will be live on Thursday 23 November at 10am and will be hosted by Regional Sales Manager Conor Davis How to register To access the webinar, you'll need to have an account on Paymentshield’s webinar hosting site, BrightTalk. The webinar will be recorded and available to watch back if you can't make the session, so sign up even if you can’t make the date so you’re the first to get the recording. REGISTER YOUR PLACE TODAY
Update your Nationwide password Nationwide for Intermediaries has recently made improvements to its registration and login process which means you need to change your password. If you’ve already done this, great buy if you haven’t, before you're able to reserve a product, submit an application or track your existing cases, you'll need to create a new password. If you’re having difficulty changing your password, you may be able to find a quick resolution by visiting Nationwide’s Help and Support page here. If you’re still having issues or receive a message advising you to re-register, email esupport@nationwide.co.uk with the subject line ‘Password Login Issue’ and detail in the email the error you’re receiving.
BM Solutions makes portfolio landlord process improvements BM Solutions is improving its Portfolio Landlord application process and you will be able to key all existing Portfolio details into BM Solutions Online rather than the Mortgage Portal. The integration of all Portfolio Landlord data within the single application will result in a simpler and quicker process for you and your customers. Key improvements include: All applications will benefit from reduced data entry in the Decision in Principle. Existing Portfolio details keyed on full application only. Existing Lloyds Banking Group mortgage data can be populated in full application. Removal of the Mortgage Portal (once pipeline completed). No separate login required. One continuous journey. The application on BM Solutions Online will be updated over a period of time and these improvements will be visible on a phased approach, you do not need to do anything, and the new updated screens will appear automatically. Pipeline applications will continue to be processed via the Mortgage Portal until completion or cancellation.
Accord Offset Mortgages With the increase in interest rates and rising mortgage payments, Accord’s range of Offset mortgage products give your clients the best of both worlds to: Save money on repayments now or in the future, or Shorten the mortgage term Your client can switch between these options if their circumstances change. Find out more here.
Join HSBC UK for an economy webinar HSBC is bringing you another detailed update on the current mortgage market. Join Tracie Burton, Senior Corporate Account Manager, and HSBC’s Group Economist for their latest views on the global and UK economy. They will also be touching on the recent Autumn Statement and the impact this will have on the market. To register for one of the webinars, please click on your preferred option below and enter your details. All webinars will last approximately 45 minutes. Monday 27 November – 14:00 Friday 8 December – 10:30
Metro Bank to host Buy to Let and Affordability webinars To highlight its most recent product enhancements, Metro Bank is hosting two webinars focusing on how these changes can support your clients with their mortgage needs. Each webinar will run for no longer than 15 minutes therefore a great opportunity, for you to obtain a quick insight into these criteria changes. Buy to Let: Thursday 23 November | 2pm - 2.20pm: Register now Affordability: Thursday 23 November | 9.30am – 9.50am: Register now If you are unable to attend the events above, please feel free to give your local BDM a call to book in a meeting – they’d love to hear from you. Find your local BDM here