FirstAssist teams up with Tenet LIME on ASU

FirstAssist Insurance Services has been appointed by Tenet LIME to provide a full suite of accident, sickness and unemployment products and services to its 1,100 members.

The range includes mortgage payment protection insurance, income protection and rental protection.

Cover is provided for accident, sickness and unemployment, accident and sickness and involuntary unemployment across all three products.

MPPI cover can be sold alongside a new mortgage or on a standalone basis and also includes six and 12-month cover options.

Brokers can forgo some of their commission to reduce the cost of cover for their customers.

FirstAssist is also offering a branded online ASU trading platform, so that brokers can obtain quotes and process business via an online portal.

Alistair Hardie, managing director of speciality insurance at FirstAssist, says: “As other providers have withdrawn or restricted cover, we have remained fully committed to the ASU market.

“This partnership provides a great start to 2010, as we continue to successfully grow our intermediary business.”

Amanda Waddington, general manager at Tenet LIME, says: “FirstAssist were willing to quickly deliver us a custom-built ASU proposition, which is the first time we have done this for a general insurance product.

“This has significantly enhanced our ASU offering for members and we are looking forward to working in partnership with them.”