Assureweb is offering Cirencester Friendly’s fully flexible income plan in its protection range.
The portal will feature the income assured plus product in its suite of protection plans.
The plan enables clients to switch between protectiononly, protection and investment and investment-only options throughout the life of the plan if their circumstances change.
Other benefits rates are fixed in five-year bands throughout the contract to allow contract holders to budget.
These include free waiver of premium, inflation-proofing, index-linking, a one-week deferred period and a choice of disability definitions. The plan features a waiting period of 30 days and the ability to increase the term of the contract as the state retirement age increases and the option to select any retirement age between 50 and 65 years.
Existing income assured contract holders can use the new options on application.
Assureweb director of marketing Stephen Wynne-Jones says: “Assureweb’s agreement with Cirencester Frie-ndly is another significant step in our aim to provide intermediaries with the most diverse selection of products on the market.”