Paymentshield – for all your GI needs
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.
Increase your Business Stability with GI
The signs that recovery was on its way look likely to fade away following the sadly unavoidable public spending cuts that are likely to have a knock on effect onto the private sector. So, with Mortgage Income likely to remain unpredictable Paymentshield can help you help maintain your business stability. For example, Paymentshield GI business can provide you with a steady income stream with just 10 cases each month earning you in the region of £140,000 over 5 years.
For more information read the latest article in the news section of the Paymentshield website or call our Intermediary Sales Team on 08450 615 700.
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.
- 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.
- MortgageProtector Solo is our MPPI product designed for existing mortgage and re-mortgage clients (those whose mortgage agreement has been in force for more than 30 days)
- 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 |
MortgageProtector |
27.5% |
27.5% |
MortgageProtector Solo |
22.5% |
22.5% |
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.
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