The agreement will give the mortgage advisors of Pink Home Loans access to Friends Provident’s mortgage-related protection products - level and decreasing term assurance, critical illness, income protection and waiver of premium.
All protection products became regulated by the FSA with effect from 14 January 2005, and under the new depolarisation rules, Pink Home Loans has established a multi-tie panel of five providers for new protection related business.
Simon Clamp, Director of UK Distribution at Friends Provident, said: "We are delighted to be selected by Pink Home Loans as a key provider for their mortgage related protection products and we look forward to a successful partnership over the coming years.
"Our strategy of developing strategic partnerships with leading distributors by providing excellent service and quality products at the right price, backed by first class technology which gives the adviser personal control, is proving very successful."
Phil Whitehouse, Relationship Manager at Pink Home Loans, said: "Having built a hugely successfully mortgage panel that offers intermediaries many exclusive products I am delighted to be able to announce the valuable addition of Friends Provident to our new insurance panel."
