Norwich Union’s latest commercial product really fits the bill for landlords, restaurateurs and hoteliers, offering a wide range of standard and optional covers.
Norwich Union’s latest commercial product really fits the bill for landlords, restaurateurs and hoteliers, offering a wide range of standard and optional covers.
Pub, Restaurant and Hotel, which is the only product of its kind to combine such a number of core and optional covers, will be available from Monday (September 16).
Key benefits for customers include:
- Norwich Union clear commercial policy wordings – making it easier to understand policy cover
- Legal liabilities including market-leading legal expenses cover as standard
- Asset protection cover (including contents, glass, property in transit and money as standard) with the option to add buildings and/or tenants’ improvements, frozen foods and employee dishonesty cover
- Flexible revenue protection cover through business interruption (including book debts) as core with the option to include cover for loss of liquor licence
- Individualised Pub, Restaurant & Hotel policy documents so that every section is relevant to the customer
Plus the optional services available to the customer are:
- The introduction of an employee benefits section for personal accident
- Enhanced limits and extensions and additional covers
- A 24-hour 365-day claims line, a 24-hour legal and tax helpline, plus a risk management helpline
- Access to the preferred supplier scheme providing a range of security and fire safety products at reduced prices.
And for brokers, the product offers a number of benefits including:
- Capability to receive quotations over the phone in one call to Norwich Union Small Business Insurance Centres
- No more proposal forms to fill in as all details are taken over the phone
- A wide range of core and optional covers – available in one product
Sally Marshall, commercial product manager for leisure at Norwich Union, said: “Pub, Restaurant & Hotel has been designed to reflect our focused approach to the hospitality industry and we believe our improved cover and services make this new product attractive to intermediaries and target customers.”
Pub, Restaurant & Hotel, which will replace the six legacy products Norwich Union currently offers, is the third small business product launched by Norwich Union this year, following on from Shop & Salon and Office & Surgery.
For more information on Pub, Restaurant & Hotel, brokers should speak to their usual Norwich Union contact.
For further information contact Jenny Chapman at Norwich Union on 08703 66 68 64/07775 822642
Notes to editors
- Norwich Union is the UK’s largest insurer. In general insurance it is more than 1.5 times the size of its nearest competitor, and has a 19 per cent share of the market.
- It has a focus on insurance for individuals and small businesses. It insures:
- one in five households
- one in five motor vehicles
- more than 700,000 businesses
- Norwich Union products are available through a variety of distribution channels including brokers, corporate partners such as banks and building societies and Norwich Union Direct.
- Norwich Union’s news releases are available on the Aviva plc website at www.aviva.com
- A selection of images is available from the Norwich Union Newscast site at www.newscast.co.uk
- An ISDN facility is available for studio quality interviews. Call the press office on 08703 66 68 68
For all life & pensions media enquiries 08703 66 68 73
For all other media enquiries 08703 66 68 68
Members of the General Insurance Standards Council
Members of the Aviva group