Clarity Financial Solutions has launched a new ‘broker to broker' protection deal for mortgage intermediaries.
The provider says the new proposition allows mortgage brokers to earn a supplementary income with no claw-back commitment, while ensuring their clients receive the protection cover they need.
Sales can either be execution-only (non-advised) or advised and over 30 mortgage brokers have already registered.
Introducers will receive regular case updates, deal with a dedicated account manager and receive 30% of any commissions earned - with no claw-back period.
Nick Aumonier, managing director of Clarity Financial Solutions, says: "We understand that most mortgage borrowing creates a need for protection cover, however we also realise that a large section of the mortgage community does not write protection business.
"We want to make it easier as well as financially rewarding for them to do so, while making sure their clients get the protection cover they need."
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