‘Abbey Additions’ – A New Range of General Insurance Products
Abbey already has a strong reputation for offering competitively priced new mortgage
products, adapted to meet your client’s needs. We’re now continuing to take
all that experience and expertise to launch a new range of General Insurance products
exclusively for Abbey Intermediaries to enhance your cross sale opportunities as follows:
Abbey Landlords Insurance
Complementary product offering to support your Buy
To Let mortgage business
First and foremost a building cover policy
Can include contents up to 7.5% of Buildings Sum Insured
at no additional cost
Up to £700,000 buildings sum insured
Abbey Bedroom Plus Insurance
Bedroom rated product offering excellent cover at competitive price (up to a maximum of 4 bedrooms)
Specified buildings, sum insured
Contents Sum Insured fixed at £55,000
All standard risks covered
A range of discounts including First Time Buyers, Security and No Claims
Abbey New Build Insurance
Specifically designed for new homes with NHBC guarantee
Discounted pricing for properties built within the last 2 years
Full Accidental damage cover as standard
Abbey Mortgage Payment Protection Insurance
Age rated premiums
Choice of Back to Day One cover or 30 day excess
Includes stress and back pain
Choose level of benefit up to maximum of 150%
of mortgage costs or £1,650 which ever is the lowest.
Back to Work Support services
New ‘Abbey Additions’ quotation software
We want to make it easy for you to recommend
these new products to your clients and have therefore developed new
quotation software and chosen Plus One Insurance Solutions Ltd to administer
the new product range to provide you with the following benefits
Exclusive access to Abbey’s new range of
insurance products
Easy to use quote and buy system with straight
through processing
Quick quote facility and real time accurate full
quotes
Quotes saved and fully editable before submission
Fully FSA compliant with Demands and Needs letters
and Point of Sale documentation
Dedicated IT and Sales support provided by Plus One Insurance Solutions Ltd
Continued support from your Regional sales teams
Commission on Abbey Additions range of products
| |
New Business |
Renewals |
| Abbey Bedroom Plus |
25% |
15% |
| Abbey Landlords |
20% |
20% |
| Abbey New Build |
25% |
15% |
| Abbey MPPI |
27.5% |
27.5% |
Monthly commission payments and statements will
be issued and fully administered by Plus One Insurance Solutions Ltd
Commission statements and payment arrangements
for the Abbey’s existing products sold through Introducer Internet.
will remain unchanged
How to Get Started
To sign up for ‘Abbey Additions’ please
register here to access our broker registration form. You will need your unique
Abbey ID Number that you use to log into Introducer Internet to complete the form.
If you don’t know your ID please contact your Regional Office.
Your registration will be validated and within 24 hours
you will be sent a confirmation email with a link to download the software.
Please note: if you are member of more than
one mortgage club you will need to register separately for each of those clubs.
However, you will only need to download the software once. You will be able to
select which club you submit your business through from your login to the software.
Once installed, you will immediately be able use the software
to offer the new range of Abbey products to your clients.
You will still have access to Abbeys Peace of Mind Home
Insurance and Paymentcare MPPI products via Introducer Internet as usual.
If you have any questions regarding these products or
problems downloading the new software contact the Broker Support team on 0845
365 1582*
* The maximum cost of a call for BT customers, from a landline is 4
pence per minute (ppm) (subject to a minimum call charge of 5.5p). The cost of
calls for non-BT customers or from mobiles will vary.
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0870 6000 367