Inertia v 3.47 Release
Released: 8th March 2010
The latest Inertia update contains important updates to the Policy Documents and Policy Summaries for our Mortgage Payment Protection Insurance products.
MortgageProtector
The changes to the MortgageProtector Policy Document include:
- The variation and cancellation clause wording
- A change to the Mortgage Benefit Clause which explains that the client's monthly benefit entitlement is linked to their mortgage during a claim. Therefore if the mortgage payment to their lender has reduced from the amount shown on their Certificate of Insurance, their monthly benefit paid during a claim will be reduced in proportion to their actual mortgage payment.
- Additional Cover wording changed from '33%' to 'up to 33% additional cover'
- Removal of 'Unemployment only' and 'Existing Borrowers' wording
MortgageProtector Solo
The changes to the MortgageProtector Solo Policy Document include:
- The variation and cancellation clause wording
If you require any help updating your Inertia quotation software please contact our Inertia Support Team on:
T: 08450 615 200
E: inertiasupport@paymentshield.co.uk
Lines are open 9am - 5.15pm, Monday to Friday
This page is intended solely for the attention of Directly Authorised or Exempt Firms as defined by the Financial Services Authority.