Holloway Friendly has launched a new Income Protection plan tailored specifically for mortgage advisers to sell.
The Purely IP policy has no investment element to it, so any adviser with Insurance Permissions can provide their clients with the product.
Launched in response to feedback from more than 300 mortgage advisers, this is a new development for the society, as most Holloway Income Protection policies do include an investment element which requires an adviser to have investment permissions.
The Purely IP product remains true to the original Holloway policy in not discriminating by gender or occupation and is not loaded if people smoke.
Mathew Manser, sales & marketing manager of Holloway Friendly says, "Most Holloway Income Protection policies include an investment element but this requires a mortgage adviser to have investment permissions in order to sell them.
"In response to feedback we have taken that element away, so any adviser with insurance permissions can now provide their clients with the insurance they need to protect their income and their families."
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