LV= Broker is enhancing its ABC Home buildings and contents product to provide brokers and their clients with increased benefits and flexibility – all under one policy.
Under its ABC contents product, the insurer is offering increased enhancements for customers who take out contents cover over the £75,000 threshold. LV= Broker has also increased the Single Article Limit within both contents (for valuables) and personal possessions (away from the home) to £3,000 and increased the following benefits:
LV= Broker is also improving its Standard ABC Home and increased its Title Deeds cover to £1,000, and extended Loss and Theft of keys cover to £1,000 on both buildings and contents. It’s also introduced new cover for Visitors’ effects of up to £1,000.
In addition, Alternative Accommodation cover has increased to £50,000 on buildings and £25,000 on contents where in the event of a claim, the property is uninhabitable.
Introduced in September 2010, LV= Broker’s ABC Home product offers flexibility on contents and buildings cover so that brokers can meet the specific needs of customers. For example, customers can insure a single item away from the home rather than having to insure multiple items under the personal possessions cover.
Further product benefits across the ABC home policy include:
"Brokers are at the heart of what we do so it's key we make it as easy as possible for them - and their customers - to do business with us. The latest enhancements to our ABC Home product range, including our over £75,000 contents threshold, have been developed to help brokers write more business in a growing, more diverse market, offering a quality product that's competitive and flexible for their customers."
Michael Lawrence, Personal Lines Director at LV= Broker