Information for Insolvency Practitioners

 

ProtectIVA helps IVA’s complete their journey

As you know, many IVA’s run into trouble and come to a grinding halt within the first 12 months.  There’s nothing worse than having to file for bankruptcy against one of your own clients, not to mention then seeing all your hard work go unrewarded.  Now, at last, there is a way you can help more of your IVA’s succeed at the first time of asking.

New ProtectIVA IVA Payment Protection guards against missed payments caused by Accident, Sickness, or Redundancy, meaning every IVA you arrange is protected against default by one of these.

ProtectIVA is the only independent IVA Payment Protection Plan on the that guarantees cover and premium levels for the entire duration of the IVA, paying Accident and Sickness benefits right through to the end of the IVA.  Yes, a claim in the first month could result in ProtectIVA making ALL 60 IVA PAYMENTS.  Because ProtectIVA is independent, cover can be taken out regardless of who the creditor might be.  Not only that, your clients can insure up to 125% of their IVA payment, providing the equivalent 15 months of payments in the event of redundancy, whilst ensuring that there is no limit on the number of claims they can make.

With all your IVA’s fully protected, it’s much easier to reach an agreement with creditors, as ProtectIVA offers lenders genuine reassurance that the IVA will be fulfilled.  Even better, as premiums are included as part of the IVA payments, it won’t cost you or your clients a penny more to put in place.

As ProtectIVA can be introduced at any stage of the IVA, whether it’s right at the beginning or in the final year to make sure your clients don’t fall at the final hurdle, you can ensure your existing customers make it to the end and a debt-free life, while attracting new business through your door with the cast-iron promise of a successful IVA.

Register with us today - for regular updates on ProtectIVA

An IVA without ProtectIVA is an IVA AT RISK. Tell your clients about IVA Protection and include it as part of their IVA Proposal.

 

 

 

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If you want to talk to
PROTECTIVA, call our

administrator, DMS on:

Telephone 0845 673 9999

 

   
ProtectIVA is underwritten by UK Underwriting Ltd on behalf of AXA