Paradigm Mortgage Services has launched a dual protection proposition in response to demand from its members.
The proposition includes a ‘preferred panel’ whole of market offering as well as a ‘limited panel’ option comprising of five leading brands in the protection market. Both propositions are open to all advisers.
Paradigm, which has more than 300 member firms generating approximately £10bn in aggregate mortgage lending each year, will now offer access to a full range of protection products from all chosen providers including life cover, critical illness and mortgage protection.
Bob Hunt, chief executive of Paradigm, says: “We believe that the provision of appropriate protection to clients is a key part of any adviser’s toolkit and our protection panels allow members to access a vast range of products suitable for their clients.
“Given the difficulties in today’s mortgage market, the protection panels will support advisers in generating valuable cross-sales activities and essential revenue. We look forward to working with our panel partners and members in delivering this valuable addition to the Paradigm proposition.”IFAonline
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