HSBC Life joins PRIMIS protection panel

Last week, HSBC Life joined PRIMIS’ protection panel, offering members access to its full suite of protection products and services.

Related topics:  HSBC Life,  Protection
Tabitha Lambie | Editor, Protection Reporter
18th June 2024
Protection Panel
"This move means we can make sure more brokers and borrowers can access our suite of products and services."
- Richard Waters, Interim Head of Protection Distribution at HSBC Life UK

This gives PRIMIS members access to a comprehensive pre-sales underwriting tool to provide instant, indicative decisions with any applicable loadings; waiver of premium (non-underwritten and available to all); the opportunity to apply for Critical Illness Cover (CIC); HSBC Life Online Health Services; nurse-screening with real-time dashboard & notifications; no severity requirement for heart attack claims; Children’s CIC included on CI policies at no extra cost.

“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’re committed to doing exactly that,” explained Matt Brown, Head of Proposition at PRIMIS.

Richard Waters, Interim Head of Protection Distribution at HSBC Life UK, added: “We’re here to help people thrive by supporting them in protecting their families and helping them make financial plans for their today and tomorrow.

“We’re 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,” he concluded.

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