Paymentshield – for all your GI needs
BREAKING NEWS - REMOVAL OF COMPULSORY EXCESS ON PAYMENTSHIELD HOME INSURANCE - read more...
How to earn more from GI Sales
Paymentshield boosts upfront commission
Enhanced Indemnity
At Paymentshield, we pride ourselves on providing simple and comprehensive mortgage related general insurance products through the Financial Intermediary Sector. We only deal through intermediaries so we really understand this market and what you, as intermediaries, need from us.
Quality and comprehensive products
We provide affordable and award winning general insurance products and outstanding service for your clients, whether they be homeowners, occupiers or landlords.
- IncomeShield is our new standalone Income Insurance product. Not tied to a mortgage, loan or any other credit agreement, income insurance allows your clients to protect their income should they be unable to work due to an accident, sickness or unemployment (redundancy)
- MortgageProtector is our MPPI product designed for new mortgage and re-mortgage clients (those whose mortgage agreement has been in force for 30 days or less) and carries a 5-star Defaqto rating.
- Our Home Insurance products have been awarded a 4-star Defaqto rating. With our FreeFirst product option, your customer doesn't pay any premiums for the first two months from the policy start date. Our BestQuote product option is our lowest price option, with no deferred premiums and also includes our Price Match facility.
- Our Landlords Buildings & Contents Insurance product has been awarded a 4-star Defaqto rating and we can cater for students, multiple-occupancies (up to 6 tenants) and persons who fund their rent through the Benefits Agency.
Providing quick and simple business solutions
Through Inertia, you can quickly generate quotations and submit applications for your clients. Then by signing up to our Email Notifications Service you will receive automatic email confirmation of the status of your client’s submitted application. Finally our Online Business Reports service allows you to download all your paper case advices.
All this provides you with a quick, simple and efficient end to end business solution for all your general insurance cases.
Competitive and Attractive Commission
Product |
New Business |
Renewal |
IncomeShield |
25.0% |
25.0% |
MortgageProtector |
27.5% |
27.5% |
Home Insurance |
27.5% |
27.5% |
Landlords B&C |
27.5% |
27.5% |
Getting Started
To register with Paymentshield under the Paradigm umbrella, simply download an Agency Registration Form and fax this back to us on 08450 615 101 or post to:
Agency Team
Paymentshield Ltd,
PO Box 229,
Southport,
PR9 9WU
If you require any help completing this form please call our Intermediary Sales Team on 08450 615 700.
Once we’ve received your completed form we will send you a copy of our Inertia quotation software so you can start writing business.
If you're already set up with Paymentshield, but do not have a copy of our Inertia quotation software you can order your copy online. If you would like to know more about Inertia and its benefits or would like to speak to someone about working with Paymentshield, please complete our Call Back Request form and a member of our Intermediary Sales Team will get in touch.
Find your Dedicated Paymentshield Territory/Account Manager
IncomeShield is underwritten by Pinnacle Insurance plc
MortgageProtector is underwritten by Aviva Insurance Limited
MortgageProtector Solo is underwritten by Pinnacle Insurance plc
Buildings & Contents Insurance is underwritten by Royal & Sun Alliance Insurance plc
Home Emergency Cover and legal Expenses Cover is underwritten by DAS Legal Expenses Insurance Company Limited
Landlords Buildings & Contents Insurance is underwritten by Royal & Sun Alliance Insurance plc