Avelo first to offer Engage Mutual's life plan to intermediaries

clock • 1 min read

Avelo Exchange has added Engage Mutual's guaranteed 50 plus life cover plan to its service becoming the first to do so in the intermediary market.

The new offering launches Avelo Exchange's extended whole of life service catering for guaranteed over 50's products.

It said the product has been revised and updated to permit distribution through intermediaries following consultation with the adviser market.

Dave Miller, provider relationship manager at Avelo, said: "With the advent of the Retail Distribution Review (RDR), protection is an area of increasing importance for advisers.

"How advisers adapt their businesses as we progress towards RDR is going to be critical and technology will be a key enabler."

Karl Elliott, marketing director at Engage Mutual, was pleased with the partnership and added: "Understanding the market is critical to ensuring that our products can assist advisers in solving their clients' protection wants and needs."

More on Whole of Life

How to resuscitate the life market

How to resuscitate the life market

Focus on customer outcomes

Rory Yates
clock 19 November 2024 • 4 min read
Case Study: RedArc

Case Study: RedArc

Life policy case study

Christine Husbands
clock 09 October 2024 • 3 min read
Industry reacts: FCA market study

Industry reacts: FCA market study

FCA probe welcomed by industry

Cameron Roberts
clock 28 August 2024 • 4 min read

Highlights

COVER Survey: Advisers damning of protection insurer service levels

COVER Survey: Advisers damning of protection insurer service levels

"It takes longer than ever to get underwriting terms"

John Brazier
clock 12 October 2023 • 5 min read
Online reviews trump price for young people selecting life and health cover

Online reviews trump price for young people selecting life and health cover

According to latest ReMark report

John Brazier
clock 11 October 2023 • 2 min read
ABI members with staff neurodiversity policy nearly doubles

ABI members with staff neurodiversity policy nearly doubles

Women within executive teams have grown to 32%

Jaskeet Briah
clock 10 October 2023 • 3 min read