Smartguard launches MPPI product

Smartgard from Median Insurance, a division of Lloyd’s broker Monument UK Limited (www.monumentinsurance.co.uk ), includes unique features that are certain to attract customers. These include a free Home Assistance policy and 10% no claims bonus.

The core benefits of Smartgard include:

Full accident, sickness and unemployment, accident & sickness only and unemployment only options

Back to Day One cover with no excess – 30 day waiting period/12 months benefit period

Cover for new and existing mortgages, re-mortgages and rental payments

Single and joint cover options

Online trading platform for agents via; www.smartgard.co.uk

Smartgard co-founder Aidan Plumridge said: “A lot of work has gone into making Smartgard a tremendous product for customer and intermediary alike. We feel it offers a synergy to the mortgage lending businesses and will also be much sought after by the larger networks and brokers. We also believe the core cover and financial terms available to intermediaries, to be the best in the market.”

Commission terms are dependent on the size of the business opportunity and are available on either monthly or annualized terms. Single premium terms providing cover for up to 60 months are also available.

The free Home Assistance policy provides cover for up to £500 call-out, parts and labour costs for emergency repairs to central heating, plumbing, drainage, domestic power supply, home security and replacement of lost keys.

Customers must have had a claims free period of 24 months to qualify for the 10% no claims bonus, after which a free 10% uplift in insured benefit is activated.

For further information, intermediaries should contact Median Insurance on 01372 869866 or visit www.smartgard.co.uk.