Objective & outcome
This client was in the final stages of completing their property transaction when a last-minute issue arose regarding insurance coverage; the buildings insurance provided did not include terrorism, a requirement specified by the bank. Without this, the bank could not proceed with the transaction, potentially jeopardising the client’s plans and causing delays.
Upon being notified by the bank, we were contacted by the case manager at Sirius Finance who provided a deep understanding of the client’s plans and the bank’s requirements. Solstar was able to source a standalone insurance policy, which also noted the banks interest, within just one hour.
This swift response from Solstar Insurance Brokers enabled the completion of the transaction on the same day.
Insurance
Solstar can arrange a full suite of protection policies that will not only compliment your clients mortgage applications, but will also prevent delays at completion.
Subject to status. Product and criteria availability is subject to change or withdrawal at any time. For intermediaries only.
