HSF wins services deal
Willis Armed Forces Financial Advisory Services (AFFAS) has teamed up with the Hospital Saturday Fund (HSF) to provide health cash plans to soldiers, sailors, airmen and their families. AFFAS said it chose HSF for the range and flexibility of its schemes and its not-for-profit status. Cover begins from £3 a week for benefits including dental and optical treatment, hospital and hospice care, maternity care, physiotherapy and investigative procedures. The Extra cover scheme priced £6 per week incorporates personal accident cover.
Longford gets on the road
Britain's 26 million motorists are the target market for a new policy which pays drivers' travel costs while they are unable to use their vehicles. Chauffeurplan 2000 launched by Longford Insurance, is a lower cost version of its mobility product. It is designed to pay hire car costs of motorists unable to drive because of injury, accident, vehicle theft or penalty point endorsements. However, cover which begins at £50 a year is invalid if disqualification is related to drink or reckless driving offences. Valerie Bilsland, Longford marketing manager, said Chauffeurplan's renewal rate of 93% makes it an attractive revenue provider for brokers.
One-stop policy from Euclidian
A single travel policy with combinations of cover and a flexible rating system is being offered by Euclidian Risk Management. The product wraps up single, multi-trip, long-stay and business cover in a single package. Different levels of benefits ranging from Supreme at the top, down to Comprehensive and Essential only can be added. Rates will depend on each agent's level of business. Steve King at Euclidian said having a single cover note will benefit agents since the GISC is likely to require higher standards for agents selling more than one travel policy.
Citybond eyes young trippers
Citybond Travel Consultants has frozen the premiums on its Spectrum Young Traveller policy for the third year running. The policy aimed mainly at backpackers has been revamped to include £5 million search and rescue cover and departure delay insurance of £60. Other enhanced features of the product are: medical cover raised from £2m to £5m, cancellation and curtailment increased by £2,000 to £5,000 and personal accident insurance doubled to £10,000. Premiums start at £19 per month rising to £152 for a year of worldwide travel. Citybond sales director, Iain Chalmers said the increased cover provided by Young Traveller recognises the demanding needs of the growing backpacker market.