Premier Protection has launched a new network aimed at helping IFAs and brokers sell non-regulated p...
Premier Protection has launched a new network aimed at helping IFAs and brokers sell non-regulated protection products without taking on unnecessary paperwork or sacrificing commission.
The network has negotiated special terms with Scottish Provident, providing members with access to critical illness, income protection, life cover and ASU.
Michael Cooke, managing director at Premier protection, said the network would benefit IFAs, mortgage brokers as well as solicitors and accountants.
He said: "Not only do they obtain top quality cover for their clients at industry leading rates, but IFAs can also earn top commissions of up to 17 times the monthly premium."
This follows last month's announcement from Direct Life & Pensions, the online intermediary that it is to launch a non-regulated network. The network offers life and critical illness products from a panel of 13 life offices, including Legal & General, Scottish Provident, Swiss Life and Norwich Union. Commission is up to 15 times the monthly premium. The service is also backed by compliance and administrative support.
Neither networks charge membership fees.
