Paymentshield improves emergency and legal cover

Published on

Paymentshield has launched upgrades to its home emergency and legal expenses cover following  the appointment of Motorplus as the sole supplier for these offerings.

Its home emergency cover, which has been doubled to provide up to £1,000 in the event of a claim, provides policyholders with access to an emergency helpline should they need to arrange urgent repairs to their home if it has been left unsafe or uninhabitable.

In addition, the policy will cover the cost of alternative accommodation, up to £100, if the house cannot be lived in and now also includes a contribution of £500 towards a new boiler if the policyholder’s boiler cannot be economically repaired.

Meanwhile, Paymentshield’s legal expenses cover sees protection for clients now extended from £50,000 to £100,000, with probate and tenancy disputes also covered.

The legal expenses product, also offers legal advice and financial support in a range of other situations including employment disputes, traffic offences and personal injury, as well as clinical negligence and proceedings or appeals regarding clients’ tax affairs.

Amanda Fox (pictured), proposition and insurer relations director at Paymentshield, said: “These recent enhancements to our product offering are going to strengthen Paymentshield’s market position, while also offering advisers and their clients the quality they have come to expect from a Paymentshield product. It’s a really positive step at a time when advisers should be talking to their clients about the value of putting home emergency cover in place before the winter sets in.

“We’re committed to continually improving our products and service to give advisers more confidence when talking to their clients about general insurance. For example, we’ve recently updated our quote results screen to make it easier for advisers to discuss with their clients what level of cover is right for them and quickly tailor the quote to meet their needs. There’s also several more exciting initiatives already in the pipeline.”

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

The Exeter reports rise in HealthWise app use as remote GP demand leads growth

The Exeter said usage of its HealthWise app increased across all core services in...

Landlords continue shift to company structures as incorporation set to rise in 2026

The number of companies established to hold buy-to-let portfolios is forecast to rise by...

Rosemount rolls out proprietary KYC tool for advisers

Rosemount Financial Solutions has launched its own Know Your Customer tool for member advisers,...

Landlords’ awareness of Renters’ Rights Act rises as concern grows over possession delays

Three quarters of landlords are now aware of the Renters’ Rights Act, with concern...

ASN Bank selects Ohpen to overhaul mortgage technology platform

ASN Bank has appointed Ohpen as its strategic technology partner for mortgages as it...

Latest publication

Other news

The Exeter reports rise in HealthWise app use as remote GP demand leads growth

The Exeter said usage of its HealthWise app increased across all core services in...

Landlords continue shift to company structures as incorporation set to rise in 2026

The number of companies established to hold buy-to-let portfolios is forecast to rise by...

Rosemount rolls out proprietary KYC tool for advisers

Rosemount Financial Solutions has launched its own Know Your Customer tool for member advisers,...