With their unique username and password customers will be able to access all the policies they have bought via Jump Money and also see where they may have gaps in their protection and life assurance cover.
The ‘Jump Account’ also allows customers to write life policies into a bespoke Trust using Jump’s unique Trust-writing software.
Jump Money has also launched the ‘Jump Premier Account’ which is being provided free to all new customers for an initial period of six months, after which there is a cost of £4.99 per month.
If the customer purchases a life product within those first six months they receive the ‘Premier Account’ upgrade for 10 months. If, at the end of their free trial period the customer does not wish to continue with the ‘Jump Premier Account’ they will return to the standard ‘Jump Account’.
Holders of the ‘Jump Premier Account’ get all the same policy store and trust-building benefits as the standard account however they also receive the following:
- Free Jump Money KeyCare cover including key recovery and protection, locksmith assistance and up to £1,500 cover – KeyCare normally comes at a cost of £4.99 per month.
- Unlimited trust policy – allows the customer to write all existing Jump and any other policies into trust. Customers can easily upload all their existing policies and build a bespoke trust.
- Two product discount codes per year – these codes provide three months free cover on each individual Jump Money General Insurance product purchased.
Existing customers will be offered a free upgrade to the ‘Jump Premier Account’ and the business expects to upgrade a minimum of 500 customers per month.
Jump Money predominantly offers life assurance and protection policy advice however it is also active in a number of other sectors including general insurance and private medical insurance.
Jason Butler, CEO of Jump Money, commented:
“At Jump Money we are always seeking ways to enhance the range of services we offer existing and new customers and the launch of both the ‘Jump Account’ and ‘Jump Premier Account’ have been designed to do just that.
"We initially wanted our customers to be able to access all their existing Jump policies at the drop of a hat, so they could easily review the cover they have, print out their policies and also see where there may be potential gaps in their protection.
"With this achieved we were also able to offer our trust-writing software in order to help customers build their own bespoke Trust.
“However, our intention was never to stop there which is why we can now offer the ‘Jump Premier Account’ – this comes with a variety of new free benefits and services offering free KeyCare insurance, an unlimited trust policy and free codes for significant discounts on future GI policies.
"As we move on Jump will be adding other services to this account and we are also looking at another level, the ‘Premier Plus Account’ which will offer even greater discounts and advanced service features for those who apply.
"At its core, our accounts are designed to enable customers to have easy access to their policies and they provide Jump Money with a way to communicate more effectively with our customer base.
"We fully anticipate strong take-up of the accounts and we will be working with customers to set up their accounts in the coming months.”
