HSBC Life UK has joined the PRIMIS network’s panel of protection providers. The appointment means PRIMIS brokers will now be able to offer HSBC Life’s suite of protection products and services, which include a comprehensive pre-sales underwriting tool providing an instant, indicative decision with any applicable loadings, reducing time spent on applications that may not proceed.
Other features include a waiver of premium, non-underwritten and available to all, the opportunity to apply for critical illness cover, HSBC Life online health services, innovative nurse-screening with real-time dashboard and notifications, no severity requirement for heart attack claims, and children’s critical illness cover included on critical illness policies at no extra cost.
Matt Brown, PRIMIS’ head of proposition, said: “HSBC Life is an important addition to our portfolio of products for advisers and their borrowers.
“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.”
Richard Waters, interim head of protection distribution at HSBC Life UK, added: “HSBC Life UK is here to help people thrive by supporting them in protecting their families and helping them make financial plans for their today and tomorrow.
“We are really pleased to be joining PRIMIS as the UK’s largest mortgage broking network. 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.”
