Covéa unveils improved home product
Insurer raises cover limits and add new covers to meet needs of business executives working at home
INSURANCE NEWS
By Louie Bacani
30 Jun 2016
Covéa Insurance has introduced its improved Sterling Executive Home Product which comes with higher cover limits and newly added covers for mid net worth customers.
 
The leading insurer said policy additions include a new executive homeworkers extension designed to meet the insurance needs of the growing number of executives who run businesses from home.
 
Increased covers for buildings and contents also address underinsurance, which is a concern for affluent clients, according to Sara Simmons, Covéa’s head of high net worth and schemes.
 
“The enhancements to our Executive Home product have been made solely with our clients in mind, reflecting our continued commitment to providing the exceptionally high standard of service that brokers have come to expect from us,” Simmons said.
 
“We’ve also recognised that more clients now choose to run their business from home so have made the decision to include the Homeworkers Extension as an optional extra to the product so our clients’ needs can be streamlined and dealt with more effectively,” she also said.
 
The enhanced product will be available for new business on July 1.
 
 
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