Yesterday Insurance Business was among the first to report on Saga Plc’s strategy-altering full-year financial results. Now the over-50s insurer has concretised its revised approach with the official launch of its fixed-price insurance proposition.
An offering that takes intermediaries out of the picture, Saga’s “Fixed-Price Promise” stipulates that the cost of policyholders’ standard home and motor insurance will stay the same if nothing changes over the next three years. That means no changes and claims from the customer, nor rate adjustments in the insurance premium tax.
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