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Paradigm Protect and Primis sign partnerships with protection specialists

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  • 18/02/2019
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Paradigm Protect and Primis sign partnerships with protection specialists
Paradigm Protect and Primis Mortgage Network have separately launched partnerships with two protection providers, MetLife and Holloway Friendly, respectively.

 

From today, a selected number of Paradigm Protect member firms will have access to MetLife’s individual protection offering, MultiProtect.

MultiProtect will be visible to member firms using SolutionBuilder from iPipeline.

It provides financial support for a range of specified accidental injuries and UK hospital stays. It also offers extended cover options for child cover, active lifestyle cover and healthcare cover.

This allows advisers to tailor client’s cover to their circumstances and what is important for them.

Core Cover starts from £8 to £40 per month with extended cover options from just £1 per month.

The premiums stay the same, even if the client makes a claim or as they get older.

Clients can claim for multiple injuries and their policy will continue to protect them in the future.

Clients also receive free and unlimited access to MetLife’s professional wellbeing support centre, provided by Health Assured.

Mike Allison, head of protection at Paradigm, said: “Initially this will be available to a selected number of firms who use Solution Builder, which is free to Paradigm Protect members, but it’s also our intention to swiftly make this offering more widely available as we progress the relationship.

“Protection should remain high on the agenda of all advisers, especially given the ongoing political and economic uncertainty.

“Moreover, as we have seen from the increased demand on our protection help desk, from a health point of view, clients can never be 100 per cent sure of what might be coming over the horizon.

“MultiProtect offers access to those who may find it difficult to get cover elsewhere, benefitting advisers who have a duty of care to their clients to ensure they are adequately protected.”

 

Primis adds Holloway Friendly to protection panel

Primis Mortgage Network has signed a deal with income protection provider Holloway Friendly.

Services include access to underwriters, reviewable exclusions, potential cover for hazardous hobbies and consideration for customers with type two diabetes.

Other proposition additions in recent months include British Friendly, Scottish Widows Protect and Guardian Financial Services.

Holloway Friendly has already closed a relationship with Personal Touch Financial Services which, from 1 February, was rebranded and became part of the PRIMIS Mortgage Network.

Steve Berry, protection manager at Primis, said: “Income protection is becoming an increasingly important part of a families’ sound financial resilience and quite rightly so.

“Additions such as Holloway Friendly are integral to supporting the comprehensive approach that our advisers take when it comes to protecting their clients.

“During difficult times it is vital that families have the right financial support in place and by coupling Holloway’s member-centric approach with our own, we can help more of our network ensure their families are covered.”

Stuart Tragheim, CEO at Holloway Friendly, said the firm was delighted to be working with Primis.

 

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