Credit
Protection Insurance
This
product has been available for many years and has become a standard
product in the finance industry and a good profit centre for dealers
and financiers.
The
problem with the product is that it has become so commission heavy
that in many cases it is very expensive for the cover provided.
We believe that the best way to maximise on this product as a dealer
group is to provide a good product with comparable levels of cover
to the industry standard and sell it for half of the standard industry
price. This way the penetration increase to a level that makes the
proposition worthwhile for all parties involved, including the most
important party, the insured customer!
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