Connect for Intermediaries, the financial adviser network, has added Umbrella Protect to its protection panel.
Umbrella Protect will provide protection advice to all clients referred by Connect advisers and its network members. This will include critical illness, income protection, life assurance as well as business insurance for key workers and buildings & contents insurance.
Liz Syms (pictured), CEO of Connect for Intermediaries, said: “While awareness of the need for protection has grown, demand for mortgages has also increased, so while some advisers are keen to provide protection advice, many just do not have the time. Others do not know the protection market well enough, or prefer to focus on just the mortgage.
“This protection gap cannot be allowed to continue unabated so we have partnered with Umbrella Protect as the first step in making sure all our advisers and their clients have access to a market-leading protection specialist. We need to play our part in making sure our members’ clients always have protection advice available to them. We believe Umbrella, with their complete focus on offering quality protection advice, will play an important role in making sure all of our clients are put in an informed position.”
Connect has also recently enhanced the protection proposition for its network, supporting advisers with a wide panel, enhanced commissions and additional training.