Embrace Financial Services (EFS) has announced that, in light of the current crisis, it is providing extra training to its Financial Advisers, more recently in relation to Protection Insurance. The aim being to provide extra support in discussing a subject that, for many of their customers, may be hard to understand and easy to ignore.
The training, which is being delivered ‘in house’ by EFS under the ‘Protection Excellence’ banner will help advisors in explaining the growing importance of Protection Insurance at the current time. This includes how it might support a customer, and their loved ones, should they fall ill or lose their income, and what products may be most suitable for their current circumstances and budget - especially if the customer has already been impacted by the crisis.
Aron Brown, Operations Manager for EFS commented:
“Unfortunately many of us are hearing about people who have been affected by the current pandemic, financially or otherwise, and, in turn, it’s probably leading many of us to think more seriously about own own health and well-being and questioning what would happen if we were to fall ill, now or in the future?
Some may think they have contingency plans or funds in place to care for their loved ones, pay for their bills, their mortgage or even child care but unfortunately this may fall short of providing long term protection for the individual or their family. All too often serious financial problems can begin if income is lost and can escalate, especially if bad health is also a factor.
Appreciating this EFS has invested time and energy into developing additional online courses for our Advisors to ensure the advice they give to our customers is helpful, easy to understand and, importantly, as relevant as possible at the current time. We can even offer advice on submitting an application and also what costs might be involved.
Overall we always pride ourselves on the training and support we offer our advisors but now, just like the current crisis, we know things don’t stay the same for long and why continually developing and updating our advisor training, and the support we offer our customers, remains so vital.”
If you’d like to find out more about Protection Insurance, and how Embrace Financial Services can help you in understanding it and finding the right product, why not book an appointment today. If the appointment relates only to protection products, and subsequently leads to a products being arranged through Embrace Financial Services, there will be no fee payable.
YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Embrace Financial Services usually charges a fee for mortgage advice. The precise amount of the fee will depend upon your circumstances but will range from £499 to £999 and this will be discussed and agreed with you at the earliest opportunity.