The Right Mortgage and Protection Network relaunches ASU proposition

As part of the proposition, the Network has introduced Paymentcare to its panel.

It has also built a new full advice and compliance process, which it says will support advisers to sell ASU and dispel any potential PPI fears that they may have from the PPI scandal.

Amy Wilson, head of general insurance at The Right Mortgage & Protection Network, said: “Advisers should seize the opportunity to re-educate their clients about ASU as this type of policy still has a very worthy place within the protection conversation.

"We have worked hard to mitigate the risk of exposure to a miss-selling complaint: by providing a suitable panel for our advisers to use as well as a robust sale process and supporting compliance documents.

“It is more important than ever, that customers know they can speak to their mortgage and insurance brokers about ASU, and the network is dedicated to providing that support to their members.”

Shane Craig, managing director of Paymentcare, commented: “With such uncertainty in terms of the economy and cost of living, ASU can provide an essential life line should someone find themselves without their regular monthly salary through no fault of their own. We are delighted that TRM have access to our policies; to offer to their clients.

"Throughout the pandemic it has been difficult to provide cover for our customers wishing to take out ASU, however, we strongly feel it still has a position in the marketplace."