Pink Home Loans adds Holloway Friendly to panel of insurance providers

The Flex and Protect Plan, available exclusively through Pink Home Loans, is more flexible than traditional ASU plans and can be tailored to fit client circumstances. It offers income protection up to 60% of earnings, not just mortgage cover, with optional unemployment cover giving greater flexibility to clients. The client can also choose from a wide range of deferment periods so the plan can dovetail with existing cover held by the client.

Business submission is made simple through an easy-to-use online quotation system and application process, accessed through from the Pink Home Loans’ website.

David Copland, sales and marketing director at Pink Home Loans, comments: “We are delighted to announce the addition of Holloway Friendly onto our panel of insurance providers. Holloway Friendly has an excellent reputation in the income protection market place for product innovation and high levels of service. The exclusive Flex and Protect plan strengthens the range of insurance products we offer our customers in an area of the market that offers a great deal of potential for intermediaries.”

Commenting on this joint initiative, David Macgregor, chief executive of Holloway Friendly, said: “It goes without saying that we are really looking forward to a successful relationship with Pink Home Loans who are acknowledged as leaders in their field. This unique product has been developed following feedback from intermediaries who were keen to have access to a product, which offered them superior cover to ASU at competitive premiums. We have certainly achieved this, whilst at the same time added a good deal of flexibility as well as simplifying the quotation and application process.”

Key features

Income protection plan exclusive to Pink Home Loans

Can be tailored to fit each customer’s personal circumstances

Online quotes, applications and business submission

Cover can be deferred so the plan can work in conjunction with existing cover provided by employers

No loadings for high risk occupations

No loadings for females

No loadings for smokers

Highly competitive premiums for younger ages

Attractive broker commissions paid on an indemnity basis