ProtectionSep 14 2016

First Complete protection sales pass £1bn in first half of 2016

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First Complete protection sales pass £1bn in first half of 2016

First Complete has seen strong growth in protection sales, which increased by more than 30 per cent year on year in the first six months of 2016.

The provider, which is part of the LSL Property Services Group, provided cover for customers totalling more than £1.13bn with the volume of protection applications reaching 31,414 – a 22.5 per cent increase on the same period in 2015.

First Complete also saw mortgage completions up 53 per cent over the same period.

Toni Smith, sales operations director at First Complete, said: “It’s hard to overestimate the immense financial impact that death, serious illness, injury or unemployment have on families every day.

“Time and time again we hear stories of households who, unfortunately, cannot survive financially when they have unexpectedly lost their income through such unforeseen circumstances.

“When the worst happens, protection puts money into client’s hands helping to support them through difficult circumstances.

“As such, it is fantastic to see strong growth in our network’s protection completions, growing significantly year-on year.”

First Complete, which was founded in May 2010, has more than 1,000 appointed representatives.

Last year the network posted a profit of £359,000 for 2014, up 5 per cent on the previous year.