Webmoney, the online insurance intermediary, has appointed Assurant Solutions as the new underwriter for its mortgage payment protection Insurance and income protection products. Assurant Solutions will be handling the policy claims and administration on behalf of Webmoney.
Webmoney customers can continue to select the level of cover they need - full accident, sickness and unemployment cover or accident and sickness cover but now they can also select stand-alone unemployment cover only – and so tailor a policy to suit their own particular requirements.
David Walker, managing director of webmoney, says: “We have prided ourselves on offering our customers innovative MPPI and income protection at the right price, and felt the time was right to refresh our offer to the customer. With its strong heritage in the creditor market and a track record of underwriting and supporting flexible insurance products, Assurant Solutions was the logical partner to get on board.”
Income protection insurance : News update: December 2006