Zurich launches Home Solutions Advantage

Zurich is responding to the requirements of customers and brokers alike by launching a new mid net worth insurance product called Home Solutions Advantage.

Home Solutions Advantage is aimed at customers who have home contents totalling between £50,000 and £125,000. The product also benefits from world-wide contents cover and automatic accidental damage cover. A flexible limit has been included for jewellery and watches and there is a generous limit for fine art and collections.

With many of these target customers having older children, cover for their possessions while at university is included, as is cover for the possessions of parents or grandparents who have to move into residential care. For the more sporting homeowner, the policy will also help pay the bar bill should they shoot a hole in one at the golf course.

Martin Hall, Head of Personal Lines Underwriting at Zurich, said, “We recognise that there are more and more people in the UK who are now moving into the mid net worth bracket and we have responded to this shift by launching this new product “Home Solutions Advantage is a purpose-built Zurich policy for mid net worth customers whose requirements fall between the traditional home policy and our high net worth policies through Zurich Private Clients.

“We believe that Zurich is now the only insurer to provide cover for all people no matter what their financial status; from basic policies all the way through to the specialist services on offer to ultra high net worth policyholders. The changes we have made will also make it easier for our brokers who will now be able to move people around the product range more easily depending on the policyholder’s needs.”