Scottish Widows Protect will be joining the UnderwriteMe Comparison Service in the financial quarter of 2017.
The UnderwriteMe Comparison Service provides intermediaries with a way to compare ‘buy now’ and estimated prices, and complete applications without leaving the site.
All of Scottish Widows Protect’s personal protection products will appear on the UnderwriteMe Service, allowing advisers to determine whether cover is available without the need for multiple calls or completing full applications if they’re concerned only about specific conditions.
Scottish Widows Protect joins Aegon, LV=, Royal London, Old Mutual Wealth, The Exeter, Scottish Friendly and Canada Life in partnering with UndewriteMe’s Comparison Service to date.
Phil Jeynes, head of sales & marketing for UnderwriteMe, said: “We are very proud to announce another major insurer joining our comparison service and look forward to working with Scottish Widows Protect and its fantastic team over the coming months and years.
“This, combined with the other providers we will announce in due course, means that UnderwriteMe will enter 2018 with the majority of the market represented on our Service.”
Scott Cadger, head of underwriting and claims at Scottish Widows, said: “Protection is about providing certainty – the certainty that family and dependents are financially secure, certainty on the price paid, and certainty at the claim stage. We’ve led the way with this in our retail proposition by offering a fully underwritten price as part of the core sale process since 2008. Joining an IFA service that delivers the same certainty of end customer price builds on that approach.
“UnderwriteMe has proven that its comparison service can give intermediaries a slick, one stop shop for protection, without the lengthy waitfor an answer. Removing waste in the process makesit easier for advisers to have the protection conversation through the same certainty and consistency of process.”