Paradigm Protect, the directly authorised protection proposition, has added friendly society, National Friendly, to its panel.
Paradigm member firms can now access National Friendly’s range of medical, life and protection products which include:
- My PMI. A private medical insurance product with four levels designed to fit around every client’s needs and budget. Varying from Level One for quick diagnosis and cover for the most commonly-claimed treatments up to Level Four with no overall monetary limits for out- or in-patient treatment.
- Accident Only Income Protection (IP) and Income Protection. Products which offer both conventional short-term IP as well as unique Accident Only IP which aims to pay clients a regular benefit if they can’t work because they have had an accident and suffered a loss of earnings as a result.
- Over 50s Guaranteed Life Assurance. A ‘whole of life’ policy that pays out a cash lump sum when the client dies. It offers guaranteed acceptance without the need for a medical and there’s potential for a qualifying period of just six months.
- Immediate or Deferred Care Plans. These pay out a monthly sum which goes towards care fees for the rest of the client’s life.
Mike Allison (pictured), head of protection at Paradigm, said: “As always, it is very encouraging to be bringing on board another provider to our panel, particularly one which comes with such history, experience and quality. Our Paradigm Protect firms will, I’m sure, want to explore all the products available through National Friendly and to engage with the provider and their clients to find suitable solutions.
“At Paradigm Protect we continue to grow our proposition and the providers and products we provide access to. We are looking forward to working with the team at National Friendly and to building a long and prosperous relationship for all stakeholders.”
Oliver Jones, sales & distribution director at National Friendly, added: “At National Friendly we’ve made great efforts to expand our distribution footprint. This new partnership with Paradigm further strengthens our position in the marketplace and we are excited to be working with a service provider of their calibre. We’re looking forward to finding ways to innovate within the protection space together.”