Stubben Edge Group is happy to announce its newest insurance coverage innovation: a brand new, totally digital 12-month Time period Life Insurance coverage product that any Normal Insurance coverage dealer can place for a consumer shortly and simply.
The product has been constructed to cowl these people who find themselves self-employed, sole merchants or small companies and thus want fast cowl. Cowl can price as little as £9.50 per 30 days and provides £50,000 to £200,000 by way of a comparatively brief query set.
It is a normal life insurance coverage coverage insuring a consumer for 12 months, that any dealer can promote with out the onus of the same old particular necessities wanted when procuring an entire life or long-term life insurance coverage coverage. A lump sum is payable within the occasion of the consumer’s loss of life inside this time-period, with only a few exceptions.
This Time period Life cowl is complete: purchasers can get worldwide protection, together with circumstances of overseas journey and residence, and there are fewer restrictions on occupation. As well as, purchasers who’ve a short-term enterprise mortgage or enterprise finance product can get cowl for the interval of the mortgage/finance supplied it’s 12 months or much less.
Chris Kenning, CEO Stubben Edge Group stated, “COVID-19 confirmed us how a lot life insurance coverage is required but additionally, how arduous it’s to for giant elements of the nation to entry. Engaged on this modern product we’re closing the under-insured hole skilled by so many SME house owners or these employed on short-term abroad contracts.”