Engage increases distribution of 50 Plus cover plan
Mon, 04 Aug 2008
The Guaranteed 50 Plus cover plan from Engage Mutual Assurance has increased its distribution to IFAs .

The plan will now be available through SimplyBiz and Intrinsic Financial Services as a result of a pilot with partner network Park Row .

Karl Eliot, marketing director at Engage, claims the Guaranteed 50 Plus Life Cover is a plan that is simple and affordable and designed for over-50’s looking for life cover without the intrusive and complicated process of underwriting. Mr Eliot said: "For IFAs seeking to address the reduction in their income from mortgage business prompted by the credit crunch, it provides an opportunity to revisit their clients' protection needs."

A certain acceptance without a medical is provided by the plan as well as an assured lump sum payment on death, fixed premiums and low cost life insurance premiums which will come to an end at 90, but cover will be continued.
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