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Brokerage reaches landmark in risk insurance sales

4 minute read
The Adviser

By: Belinda Luc

Mortgage Choice has secured $2.5 billion in mortgage protection cover for its customers – a new milestone for the brokerage.

Mortgage Choice national manager of non-core products, Simon Dehne, said the brokerage’s franchisees are keen to continue offering mortgage protection to customers as part of its diversified service.

"Achieving this major insurance milestone goes some way to demonstrating the extent to which Mortgage Choice brokers are embracing diversification opportunities and successfully adapting their businesses to changing market conditions," Mr Dehne said.

"We are very proud to have assisted in providing this level of cover to our customers and have gone so far as to writing it into our franchise agreement that each loan writer must offer mortgage protection insurance to each customer.

Sydney-based franchisee Irene Cujko said offering a diversified service is all part of a mortgage broker’s ‘duty of care’ to a customer.

"Part of our responsibility is to give customers the knowledge, support and range of quality choices they need to make informed decisions about protecting and improving their lifestyle, and those of the people they love," Ms Cujko said.

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