The provider claims the new product is competitive for older properties, with an expanded list of features and benefits including £500,000 maximum cover for buildings (bedroom rated) and £50,000 for contents.
In addition it also provides:
• Trace and access cover up to £5000
• Emergency access cover
• Business equipment cover up to £4000
• Unspecified single item limit of £2000
• Up to £300 cover for money and up to £1000 cover for credit cards
• Up to £5000 cover on loss of unmetered oil and water
• Replacing locks and freezer contents both covered up to £1000
• Excess of £250 including accidental damage and escape of water claims
• No charge for monthly direct debit payments and there is an annual payment option
Assurant Intermediary sales & marketing director Kevin Paterson said: “We’re delighted to distribute this product and provide our intermediaries with more choice when sourcing household insurances for their clients.
“We’re looking to create a panel of insurance providers who provide products that offer a depth and range of benefits that exceeds typical residential insurance offerings.”
