HSBC Life (UK) expands its valued added benefits

Published on

HSBC Life (UK) is expanding its Value-Added Benefits (VABs) to include policyholders’ partners.

The VABs include mental health services, unlimited 24/7 digital GP, second medical opinions, remote physiotherapy, and an annual health check. They are available to HSBC Life UK’s existing and new protection customers who purchased their cover via intermediary distribution partners including price comparison websites.

Policyholders’ dependents will also have access to digital GP appointments and second medical opinions. In addition, dependents aged 16-23 will be eligible for mental health services.

According to research from HSBC Life (UK)’s provider, Square Heath, 36% of digital GP appointments are scheduled outside typical working hours. Additionally, 90% of appointments are successfully booked within three working hours.

Richard Waters, head of protection distribution at HSBC Life (UK) Ltd, said: “We understand the importance of staying at the forefront as a leading protection provider. That’s why we are constantly evolving our protection proposition. We believe it is really important that our customers are able to maintain their wellbeing by knowing how to access and use these Value Added Benefits.

“As such, we distribute a reminder on the six month anniversary of customers’ policies, and we include details of the benefits in their annual statements. We want our customers to use these services for prevention rather than cure.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

1.3 million households facing mortgage cost shock

Around 1.3 million additional UK households are now exposed to higher mortgage costs following...

The Vernon hires internal BDM to expand intermediary reach

Vernon Building Society has appointed Damien Sabbaghe as intermediary business development manager as it...

Coventry trims first-time buyer and limited company buy-to-let rates

Coventry for intermediaries has cut selected mortgage rates for first-time buyers and limited company...

TRM adds to PMI team with supervision & development manager hire

The Right Mortgage & Protection Network has appointed Gemma Penkethman as PMI supervision &...

Rental yields rise across England and Wales as buy-to-let market enters more volatile period

Rental yields increased annually in every region of England and Wales in the first...

Latest publication

Other news

1.3 million households facing mortgage cost shock

Around 1.3 million additional UK households are now exposed to higher mortgage costs following...

The Vernon hires internal BDM to expand intermediary reach

Vernon Building Society has appointed Damien Sabbaghe as intermediary business development manager as it...

Coventry trims first-time buyer and limited company buy-to-let rates

Coventry for intermediaries has cut selected mortgage rates for first-time buyers and limited company...