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Pioneer enhances protection plan

Pioneer has unveiled its plans to enhance its professional income protection plan by increasing the maximum benefit and allowing customers to choose between underwriting on acceptance or at claim.

The protection provider is increasing the maximum benefit from 40 per cent to 50 per cent and allowing customers to choose the point of financial underwriting, either on acceptance or at claim.

The plan, available solely to professionals and those in low risk occupations, already offer guaranteed age costed premiums, no exclusions and a long-term career break option.

Pioneer sales and marketing director Richard Wyatt-Haines says: “Income protection should be at the forefront of financial planning, however, historically the product has underperformed. In the current economic climate, protection and financial security are high on the consumer’s agenda, providing intermediaries with an excellent opportunity to create much needed income. With these latest enhancements to PIP, we are once again proving our willingness to innovate and develop open and transparent protection products.”


InfoComp appoints business consultant

InfoComp has appointed Eric Welsby as a business consultant. Welsby joins from Adnitor. InfoComp says Welsby’s experience of the UK wrap market will help the firm prog- ress its expansion plans in the sector.

Solution4 launches Senro Version 3

Software provider Solution4 has enhanced its Senro proposition to include a client record management system to handle multiple applications with multiple loan accounts and securities.


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