TMA Mortgage Club has launched a flat rate protection panel called TMA Plateau to sit alongside its enhanced rate panel TMA Summit.
The Plateau protection panel features new providers including Scottish Widows and One Family, as advisers can choose from whichever suits their client the most.
Gary Little (pictured), commercial director at TMA, said: “Protection is a key part of the mortgage advice process and it is important to us that advisers as well as providers are addressing consumers needs and making sure protection is in place for their families and assets including their home.
“Protecting against any known debt should be uppermost in any advice.
Given the present economic and political landscape, protection can reduce the worries and choosing to do so is something that consumers can directly influence whilst the uncertainty prevails.
“We believe the addition of the TMA Plateau panel will allow advisers to address this need from a wide range of products from leading protection providers.
“TMA Plateau further demonstrates our commitment to deliver a leading product, support and services proposition to our directly authorised brokers.”
Scottish Widows research shows that one in five (21%) UK households would not be able to survive for any length of time if they unexpectedly lost their income due to a long-term illness.