The Exchange today announced that Pioneer Friendly Society has chosen the Exweb portal service as its first online e-commerce partner.
The 23,500 users of Exweb will now be able to perform client specific comparisons for the provider's income protection (IP) products.
Pioneer's innovative 'Pure Protection' IP policy offers a simple, 'one rate for all' structure, providing affordable solutions for a wide range of occupations including the self employed.
Key features of the Pioneer 'Pure Protection' plan includes:
- Day 1 Cover available, along with an extensive range of deferred periods
- No loading for occupation
- No loading for gender
- Same rates for smokers as non smokers
- Inflation proofing option
- Straightforward claims procedure
- Free Health Claims Advisory Service
David Child, managing director of The Exchange, comments: "We are delighted that Pioneer Friendly Society has chosen Exweb as its preferred industry platform, giving our users exclusive advance access to its competitive income protection products. We continue to see record volumes of both online quotes and e-submissions on the Exweb portal and as new providers join, the service gives advisers an expanding choice of all the leading market providers and products available, benefiting them and their clients."
Andrew Chapman, Pioneer chief executive, said: "Feedback from our intermediary roadshows highlighted that advisers want to access Pioneer's income protection policies via Exweb and we are very excited that Pioneer has now joined The Exchange.
"Joining Exweb is a logical step in Pioneer's strategy to build its distribution channels and follows the expansion of our sales team and successful launch of ePioneer, our on-line e-Business system, earlier this year. We look forward to the increased volumes of business for individual income protection the Exweb channel will bring."