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St Andrew's Group provides a wide range of products and services which all include the following benefits:
St Andrew's Group offers bespoke products to business to business clients and tailors the service factors to meet their specific needs. These service factors range from a 'Full Service' option, where St Andrew's undertakes all underwriting, fulfilment, collections and claims management as an extension of the client's brand, down to carefully selected elements of the process, including Third Party Administration. The following product summaries provide a brief introduction of the cover that St Andrew's is able to offer. For more detailed information about our range of products or services, please contact one of our Business Development Team.
Personal Loan Protection St Andrew's Group offers a comprehensive Personal Loan Protection product, covering a range of optional risks including accident, sickness, unemployment and carer cover. Our products are benchmarked across the industry to ensure that they meet your needs in terms of high product specification and competitive pricing. This coupled with efficient administration handling and proactive claims management provides a market-leading product.
Mortgage Payment Protection Insurance Meeting the needs of a range of mortgage borrowers, including the employed and self-employed, St Andrew's Mortgage Payment Protection products provides essential cover for your clients. Our policies are designed to provide reassurance and peace of mind for borrowers, who can protect themselves against the loss of their home due to a number of income related risks, including sickness, accident and/or unemployment. Our advanced systems and leading claims processes all ensure that you and your customers receive the highest levels of service.
Credit Card Repayment Protection St Andrew's Group's Credit Card Repayment Protection can help increase the penetration of creditor insurance on your customer base. A combination of sales support at point of sale, along with our experience of resolicitation and cancellation management ensures that this product remains a valuable income stream for your business.
Resolicitation and Cancellation Management Programmes St Andrew's Group has a wealth of experience in maximising potential sales of payment protection insurance. We can provide training to help at point of sale and also offer a resolictitation programme for our clients, which has a proven track record in increasing penetration rates. Having increased initial take up, our cancellation management programme helps to maintain payments on the policy through a proactive approach to customer retention.
Bill Protector was an innovation introduced to the market by St Andrew's Group. The concept is simple but the cover is comprehensive. For a modest monthly payment customers can insure against a range of risk including sickness, accident and unemployment to cover the cost of a array of utility and other regular monthly payments. This product has been successfully marketed to both borrowers and non-borrowers, often as a useful upsell product, increasing client income.
All companies have personnel who are important to the success of the business, such as directors or senior managers, a skilled machine operator or a top salesperson. The loss of this key person could have a serious impact on the company's profits or its ability to meet its contractual obligations. The Keyman product provided by St Andrew's Group can be used alongside a credit agreement or as a standalone product providing essential help to your client's business. St Andrew's Group also offers Keyman Plus, which extends cover to include sickness, accident and/or critical illness. This product is of proven benefit to a range of small and medium sized enterprises.
St Andrew's Group is able to offer this popular cover as a useful add-on to other products such as life, sickness, accident or unemployment policies. Covering a wide range of standard critical illnesses, this product is versatile in its use within your product portfolio.
Merchandise/Purchase Protection is an additional product that is often provided free by the card issuer to its customers. This added value product covers certain items purchased using a credit card or other revolving credit facility against loss, theft or damage for an agreed period from the date of purchase. St Andrew's Group can provide the insurance and fulfil all claim requirements, making this a simple and cost effective add-on to your range of credit card features.
Covering a range of vehicles including, both new and used cars, motorcycles and light commercial vehicles, GAP insurance can provide valuable reassurance to your customers. These are often high value purchases and if the vehicle should result in a total loss, due to it being written off, the vehicle insurance may well fall short of the balance outstanding on the credit agreement. The gap between the insurance settlement figure and the balance outstanding on the agreement will be covered by this insurance. This will allow your customer to make a replacement purchase, without the burden of outstanding credit resulting from the loss of their vehicle. St Andrew's Group has found that this type of policy has become increasingly popular as more people take credit for vehicle purchases.
Domestic Helpline Protection can sit very well on the back of a personal loan for home improvements or against the sale of your buildings and contents insurance, which may only provide limited emergency cover and entail excesses. Covering a range of accidental home emergencies, such as a failure of the water supply, central heating, gas, electricity, drains or sewers, this insurance can provide piece of mind and convenience to homeowners.
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