Assurant Intermediary launches new unemployment only product
28th November 2011: Specialist general insurance provider Assurant Intermediary today announces the
launch of a new unemployment-only short-term protection product.
Cover is available for involuntary unemployment for mortgage and rent payments and income
protection. Underwritten by Alpha Group, the policy will be sold on an advised basis through a broker
Kevin Paterson, sales and marketing director at Assurant Intermediary, comments: “We are delighted
to be able to offer unemployment-only policies to the market again. We have listened to what brokers
tell us, and this launch is yet another example of how Assurant Intermediary is committed to bringing
products to market that match the needs of brokers and their clients and that seek to add real value.”
The policy is renewable annually and covers a maximum monthly benefit of 125 percent of mortgage or
rental payments or up to £2,000 or 60 percent of normal gross monthly income (whichever is the
lowest). The unemployment-only benefit is available for up to 12 months.
- ends –
Lesley Russell at Spotlight Communications
Tel: 07815 778038
About Assurant Intermediary
Assurant Intermediary is part of Assurant Solutions, a global provider of specialty insurance products and services.
Assurant Intermediary is a specialist in the mortgage broker and intermediary market, delivering a range of general insurance products
that support them in their day-to-day business and provide their customers with value for money protection. Its products include:
mortgage and payment protection insurance, income protection, residential buildings and contents insurance, landlords' let property
insurance and home emergency cover.
Assurant Intermediary is the trading name for Assurant Intermediary Limited, which is authorised and regulated in the UK by the Financial