TMA Club has revealed a new partnership with Cirencester Friendly, broadening its protection panel with the inclusion of Cirencester’s protection product suite.
Cirencester Friendly, founded in 1890, is a provider of income protection products such as ‘My Earnings Protected’ and ‘Income Assured Enhanced’.
The ‘My Earnings Protected’ product recently introduced an affordable, flexible short-term benefit option, which extends up to two years’ protection per claim.
This expansion offers clients enhanced protection for their livelihoods in the event they cannot work due to illness or injury.
Through the partnership, TMA Club’s directly authorised (DA) brokers gain access to Cirencester Friendly’s latest benefit and standard range of income protection products.
These include no premium loading for smoking, occupation, or hazardous pursuits (excluding motor sports), and a diverse range of deferred periods, including split deferred.
Beyond product offerings, the friendly society is known for its exceptional customer service and claims management, boasting a payout rate of over 95% in 2022.
Cirencester Friendly also provides added-value benefits to members throughout the year, not merely at the point of claim.
A newly enhanced ‘temporary suspension of cover’ option enables clients to defer their protection for up to 12 months without paying a holding premium.
Lisa Martin, development director at TMA, said: “Cirencester Friendly’s approach aligns with our mission at TMA Club; we both appreciate the importance of customers having access to the most flexible, cost-effective options, so that they can keep their livelihoods and families fully protected, especially during times of financial instability.”
She added: “Partnering with Cirencester Friendly is the latest step in our commitment to ensuring our broker members can support their customers’ wide-ranging protection needs, by further expanding our income protection range.
“We look forward to seeing the added value that Cirencester Friendly is sure to bring to our protection panel.”
Alan Waddington, distribution director at Cirencester Friendly, added: “TMA Club shares our vision of growing the protection market, sharing expertise, and delivering a personal service for all.
“By joining TMA Club and providing its brokers with access to our innovative income protection products, we are ensuring both our products and message reaches a wider audience.”
