Network Data extends household products panel

NETWORK DATA LAUNCH MARKET LEADING HOUSEHOLD PRODUCTS

The new enhancement gives all Network Data’s Appointed Representatives and Directly Authorised brokers’ access to bedroom rated and sum insured products underwritten by AXA, Norwich Union and Wellington and administered through its relationship with Towergate Lifestyle South. In addition, the client will have access to a Legal help line, a 24-hour Tradesman help line and 24-hour Emergency Assistance cover.

All Insurers offer exactly the same policy conditions, limits and benefits, making it easy for brokers to understand the policy. The bedroom rated product offers buildings cover up to £275,000 and £40,000 worth of contents cover. The sum insured product offers buildings cover up to £750,000 and up to £100,000 of contents cover.

Quotations can be produced and applications submitted electronically via Network Data’s mortgageLink software. Network Data Appointed Representatives and registered Directly Authorised brokers will receive a commission rate of 20% of the first annual premium.

Terry Young, Head of Operations at Network Data comments: “The introduction of these three market leading products gives all our Appointed Representatives and Directly Authorised brokers the ability to offer their clients a comprehensive range of Household Insurance products. We are certain these products will be popular amongst all our brokers not just because of competitive premiums but also the excellent value added benefits offered to the client.”