Under the terms of the arrangement, HLP members are now able to offer a wide range of insurance schemes to mortgage customers using Pure ProtectionÃs panel of 12 insurance companies. This panel includes insurers such as Norwich Union, Scottish Provident, Legal & General, Canada Life and Swiss Life.
Insurance cover now available via HLP includes: term assurance (level and decreasing); critical Illness cover (CIC); permanent health insurance (PHI); income protection; long term disability cover; long term care cover; household Insurance (Buildings and Contents); Mortgage Payment Protection Insurance (MPPI); and Accident, Sickness and Unemployment insurance (ASU).
"This alliance is a major development for us and will be of immense benefit to our members, many of whom are keen to offer their clients a comprehensive range of financial solutions," said Steve Hoare, managing director of HLP. "Pure Protection is an organisation that has a good reputation in the market and we are delighted to have them on board."
Steve Loe, spokesperson for Pure Protection, said: "Part of our ongoing commitment to HLP is to continually review and update our procedures and improve the technology we use. This commitment enables us to constantly improve our overall levels of service Ã± something we know is important to mortgage professionals as it impacts directly on their customers. This approach has proven to be successful with other business partners. WeÃre confident that it will be successful for HLP too."