Expense Protection

Expense Protection provides either a lump sum or a monthly benefit which your customer can use towards payment of insurance premiums, pensions, savings plans or other financial commitments.

Expense Protection Overview

Many customers are concerned about protecting their home and family and wouldn't be able to maintain their quality of life if they were unable to work.

Key Components

Expense Protection provides a set percentage of a customer’s gross monthly salary for everyday bills such as heating, water, electricity, internet, phones and pay-TV. The product can be tailored to provide up to 12 monthly payments in the event of:

  • Involuntary Unemployment

  • Accident

  • Sickness

  • Permanent Total Disability.

Partner Benefits
  • Protects your relationship with your customer

  • Helps to secure loyalty and add brand value

  • Standalone product that can be successfully sold throughout the year

  • Good cross-sales and incremental revenue opportunity

  • Easy to implement, we can handle the whole process for you.

Client Benefits
  • Provides monthly payments to help customers maintain their standard of living if they can’t work

  • Gives confidence that essential utility bills like water, gas and electricity will be paid

  • Don’t have to worry about cancelling things they enjoy, for example the gym, pay-TV, mobile & Internet

  • Maintains continuity and enables them to concentrate on finding a new job or getting better

  • Provides financial security when it’s most needed.

Want to find out more about Expenses Protection?