And it reported over 3,000 new BFS Protect applications from intermediaries, new annual premiums in excess of £800,000 and the registration of more than 500 new advisers.
Emma Thomson, head of life office relations for protection intermediary LifeSearch, said: “British Friendly has an excellent proposition offering both long and short term cover on an own occupation basis for all clients with an efficient underwriting process.
“Sometimes income protection is seen to be expensive and difficult to underwrite however British Friendly has shown this does not have to be the case.”
Mark Myers, chief executive for British Friendly, said: “We’re delighted with our continued success since launching in 2011. We would like to thank each of the advisers who have taken an interest in our proposition and also thank them for their ongoing feedback. We have over 100
years experience of protecting our members and supporting them to return to work and our BFS Protect product is available only through IFAs, which demonstrates the value we place onintermediaries.”