Paradigm Protect

Paradigm Commissions - Income Protection Terms

Paradigm have negotiated the below market leading terms for you on the Income Protection Panel.

Please be advised that unlike other Distributors in the market, clients do not pay higher/loaded premiums in order for you to receive these market leading terms

4 Year Terms INDEMNITY NON- INDEMNITY
Provider Earnings Period Gross API % Net API* % Gross API % Net API* %
Aegon 4 206.95 200.74 259.00 251.23
AIG 4 210.00 203.70 263.00 255.11
Aviva 4 206.00 199.82 257.81 250.08
Holloway Friendly** 4 180.00 162.20 190.00 184.30
LV= 4 207.00 200.79 259.00 251.23
L&G 4 201.40 195.36 252.00 244.44
Royal London 4 206.95 202.29 259.00 253.17
The Exeter 4 210.00 203.70    
Vitality 4 206.50 200.31 245.00 237.65

 

2 Year Terms INDEMNITY NON- INDEMNITY
Provider Earnings Period Gross API % Net API* % Gross API % Net API* %
AIG 2 176.00 170.72 N/A N/A
Aviva 2 184.00 178.48 N/A N/A
Holloway Friendly** 2 160.00 155.20 170.00 164.90
LV=  2 180.10 174.70 N/A N/A
Royal London 2 179.33 173.95 200.60 194.58


Scottish Widows do not presently offer Income Protection products.

*Paradigm will retain 3% of the gross API. This percentage is shown via the net terms (the 97% you will receive). In some instances Paradigm may take retain less than 3% where existing terms linked to Paradigm mean that a higher retained fee would result in lower commission payable.

** No renewals.

To register to use the Paradigm Protect Panel, please fill in this form and send a scanned copy to info@paradigmprotect.co.uk and we’ll start to process this request straight away. We’ll also ask you to send a hard copy of the document in the post to the address provided.

Correct as at 28 March 2019