Mortgage and protection broker Access Financial Services has agreed an exclusive tie with Vitality in a move to strengthen its training of brokers who are inexperienced in the protection space.
The arrangement will cover the whole suite of protection products including life assurance, critical illness, income protection and private medical insurance.
Access FS runs numerous academies throughout the year to help bring new mortgage and protection advisers into the industry. These academies are designed to train people new to the market to become mortgage and protection brokers.
The exclusive tie with Vitality is designed to help advisers new to advising on protection to understand the sector and ultimately provide clients with the best protection advice.
Access FS also runs a whole of market proposition for experienced protection advisers which will run alongside this arrangement, and the firm confirmed that those wishing to switch and use the new deal with Vitality will be able to.
“In a country which is woefully under-insured and under-protected, the need for protection has never been greater,” commented Access FS CEO, Karl Wilkinson. “The case for this increases further when a person is committing themselves to, what is likely to be, the biggest debt they will ever have in taking out a mortgage, although there are many events in a person’s life which increases their need for protection.
“We are working hard both to increase the number of protection advisers and also to intensify the level and depth of training they receive. This exclusive tie with Vitality provides us with the opportunity to ensure our advisers really understand what they are advising on in depth.”
Vitality UK distribution director, Justin Garbutt, added: “We are delighted to have Access FS as a member of our fast-growing Exclusive Associate channel. They are a company that truly believes in the value of protection and is taking proactive measures to close the protection gap.
“Their approach to training new people is really refreshing and shows their dedication to ensuring their clients always get best advice. It will be a real pleasure to work with Karl and the team to help them to develop both new and existing mortgage and protection advisers.”
Recent Stories