Everything you and your clients need to know about our mid net worth home insurance product, Preferred Choice.
Top 5 things brokers need to know:
- Designed for customers who need higher levels of cover: We define our mid net worth product by content limits. Preferred Choice provides cover from £75,000 up to £200,000.
- A range of trading options: From high-quality, personal underwriting and sales support functions to e-traded products - you can access our Full Business Cycle EDI enabled Preferred Choice product through Acturis or our very own RSA Online e-trading system.
- Dedicated personal lines trading team: Our recently enhanced regional trading expertise builds strong relationships and helps you to grow your business. Find out about the new team for 2016 here.
- Part of a comprehensive home insurance product suite: Preferred Choice is supplemented by Clearchoice, our standard home insurance product and our high net worth home insurance product through Oak Underwriting.
- RSA are a financial stable brand with a rich heritage spanning over 300 years: Currently our credit ratings are Standard & Poor’s: A Stable and Moody’s: A2 Negative.
Top 5 things your clients need to know:
- We’re trusted across the UK: We currently insure 2.4 million homes, protecting people against the risks they face in their daily lives.
- We provide help when it’s needed: We provide a 24 Hour Home Emergency Assistance helpline and call out up to £500.
- We offer personal claims management: RSA’s field force, managed by Cunningham Lindsey, will project manage claims between £3,000 and £250,000 and there will be a single point of contact for each claim.
- We have a world class supply chain: Bench marked by Accenture, our supply chain covers a full range of claims fulfilment requirements, including building repairs and contents replacement facilities, using a range of industry-recognised providers.
- We offer each customer a number of choices for settlement: Including repair and replacement, cash paid by cheque or BACS directly into their bank account, or voucher or payment card options.
Tell us how we can improve
We’re in the process of reviewing our Preferred Choice proposition and would love to hear your feedback. Get in touch with your Broker Manager or usual RSA contact and let us know where you think we should be focusing.
In the meantime, get fully up to speed on our Preferred Choice product here.