Commitments joins CETA, Paymentshield, City Connexions and Towergate on the FMO panel, offering another option for brokers to access a range of ASU and building & contents insurance products from.
These options include four regular premium ASU products, including a free 3 month premium contract, and a long-term contract up to age 60 all paying market leading commission rates of 30 per cent, and a single premium contract paying 60 per cent.
Commitments also offer and a range of household insurance products ranging from standard, listed properties, previously underpinned properties, holiday homes (including commercial lettings), directly let properties (not student or other multi-lets) and bed & breakfast property insurance, paying 25 per cent commission.
Alan Hill, FMO’s group managing director, said: “By adding the Commitments products to our general insurance panel, we provide small to medium sized mortgage brokers and IFAs access to arguably the most comprehensive and competitive range of products from one point of reference, and with commission levels only enjoyed by the large national brokers and networks.
FMO is also expecting to announce several more strategic partnerships and product providers joining the FMO panel throughout February and March 2006.