FAQs
Please select the category you wish to view from
the links to the right-hand side.
Can you arrange home insurance?
Yes, Home Insurance for C&G mortgages
allows your client(s) to choose buildings insurance, contents
insurance or both. Click to view the Home
Insurance for C&G mortgages policy summary.
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Who underwrites Home Insurance C&G mortgages?
Home Insurance for C&G mortgages
are underwritten by Lloyds TSB General Insurance Limited.
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What will you pay me for an insurance sale?
You will receive £25 for every Buildings
policy, £25 for every Contents policy and £50 for every Payment
Protection Plus policy.
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What home insurance discounts are available?
Your clients can save up to 57% on their premiums with Home
Insurance for C&G mortgages.
- 10% if their home is fitted with a working intruder alarm
- 12% if they take out buildings and contents insurance
together
- Up to 35% with the no-claims discount from their previous
insurer.
However, if your clients have never had home insurance they can
still benefit with a special introductory discount of 10% off their
buildings insurance premium.
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How do I obtain a quote for Home Insurance?
An indicative quote for Home Insurance for C&G mortgages is
obtainable on C&G Caseflow.
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How do I apply for Insurance on C&G Caseflow?
When completing the ‘Product Details’ screen in the Full
Mortgage Application (FMA), if your client(s) would like to take
out Home Insurance for C&G mortgages and/or Mortgage Payment
Protection Insurance, please respond accordingly to the
questions:
- Is C&G home insurance required?
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How do I apply for Insurance on applications not being submitted through C&G Caseflow?
To apply for Home Insurance for C&G mortgages, tick the
box in the
Mortgage Decision in Principle & Application Form.
Home Insurance - please make
sure you have supplied the number of claim free years if
applicable. Please note, your client(s) can only apply for
Home Insurance for C&G mortgages at the same time as they apply
for their C&G mortgage.
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Can you arrange insurance on a buy-to-let property?
Yes, buildings insurance can be arranged for
buy-to-let properties. Contents insurance and Payment
Protection Plus are not available when the property is to be
let.
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Who can I contact if I have any problems with the insurance application process?
Should this happen you should contact your
Business Development Manager.
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What will my client(s) receive and when will they receive it?
Your client(s) will receive a welcome pack
which will include their policy schedule, a policy booklet and
details of the Direct Debit date and premium. This will be
received shortly after completion of the mortgage.
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How can my client(s) pay the insurance premiums?
Premiums are payable by Direct
Debit.
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