Mortgage Advice Bureau has welcomed Guardian onto its protection panel.
As a new addition to MAB’s protection proposition, Guardian offers a range of individual protection insurance products. This includes life insurance, critical illness, combined life and critical illness protection, children’s critical illness protection, and as of April last year, income protection.
Guardian provides clear policy definitions across all covers, as well as an ‘own job’ definition for income protection. With Guardian’s cover upgrade promise, both existing and new critical illness customers can benefit from future enhancements and improvements to their policies. This means that, at claim, the customer’s diagnosis will be checked against both the definitions that they bought and the latest definitions available. This means that the policy will pay out if valid under either circumstance, regardless of how long it has been in place.
Andy Walton, proposition director – protection, Mortgage Advice Bureau, said: “We’re thrilled to be welcoming Guardian to our protection panel. Having introduced income protection last year to their protection menu, our partnership with Guardian aligns directly with MAB’s strategy of creating protection portfolios for our customers.
“As the UK’s number one distributor of income protection in the market, Guardian’s addition to our panel is an ideal opportunity for us to take our proposition even further. This partnership will add more value to the advice and products we offer, benefitting both brokers and customers alike.”
“We’re delighted to be partnering with Mortgage Advice Bureau,” added Vincent O’Connor, head of strategic partnerships, Guardian.
“Becoming part of their market-leading protection panel is an important strategic win for us. It not only grows our distribution reach, but also marks the moment that Guardian’s products became accessible to advisers within all the UK’s major advised service providers and networks. We’ve big ambitions and have been growing rapidly, with this partnership marking another important milestone in our journey. We look forward to working closely together with the team at MAB to help their mortgage clients put in place the protection they need.”