.jpg)
Insurance provider Ensurance Now has extended its product line, citing an upsurge in brokers writing insurance applications.
The company has added a comprehensive Accidental Loss and Damage policy to its portfolio, as it continues to support brokers wanting to provide an extra service to borrowers.
Ensurance Now specialises in providing brokers direct access to multiple insurance products and is backed by a range of leading Australian and international insurers.
Brett Graves, CEO of Ensurance Now, said, “There’s a definite shift in the understanding of, and request for, the right type of insurance to ensure that clients are adequately covered in the event of an unforeseen circumstance.
“The uptake is being driven simultaneously by consumers and brokers alike. At a consumer level, the market is increasingly savvy about the options available to them and is open to brokers providing guidance in a cluttered market.
“From the broker’s perspective, this demand provides another opportunity to be solution providers and deepen client relationships, which is timely based on recent market scrutiny, investigation and pressure to act in a client’s best interest.”
There are effectively two levels of insurance cover, Listed Events and Accidental Damage. Listed Events is a specific type of cover that provides protection against a defined set of events which commonly includes fire, theft, lightning, earthquake, malicious damage and explosion.
By comparison, Accidental Damage covers all the same circumstances, but additionally against damage that occurs suddenly as a result of an unexpected and non-deliberate action, such damage or breakage caused to furnishings or technology from accidents with children, pets, visitors and DIY mishaps.
Key features for this new product include replacement of locks and keys, temporary accommodation and fees for the services of architects, engineers and building applications in connection with rebuilding or repairing the home.
Brokers interested in the services provided by Ensurance Now can benefit from a full back-end specialist claims team and customer advice centre.
