openPR Logo
Press release

Car Rental Insurance Product Changes for 2016

03-08-2016 07:24 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Status Global Insurance

Status Global Insurance (SGI) has announced important changes to the Car Rental Insurance product they provide in partnership with Voyager Insurance. The new changes for 2016 address consumer demand for the option of different levels of cover.

The first, and perhaps most obvious change, is that the product will now be called ‘Car Rental Insurance’ as opposed to the previous name “Car Hire Excess Insurance”. The new name provides a more accurate description of the product, as the ‘Deluxe’ level of cover offers a number of great benefits in addition to excess reimbursement.

Having 2 levels of cover available is the other significant product change. Previously the product only offered one option, but now there are two distinct levels of cover to choose between based on your needs and budget. The ‘Deluxe’ level of cover is almost identical to the cover offered on the previous product with the addition of including ‘Car Club Membership’ at no additional cost.

The ‘Standard’ level of cover only covers excess reimbursement and none of the additional benefits offered on the ‘Deluxe’ level. And both levels of cover now include an excess reimbursement benefit allocation for ‘Admin and Handling Charges’ which was not available previously.

“Offering two distinct levels of cover will help meet different consumer demands for this type of product,” Says Paul O’Sullivan, Director at SGI, “Some people want a value option for a low price but protection from the big financial risk, and other customers are looking for the additional benefits and cover options available on the ‘Deluxe’ level – and now this policy can meet the demand for both.”

For more information please visit the car rental insurance page on the SGI website:
http://statusglobalinsurance.com/insurance-products/car-rental-insurance/

Status Global Insurance is a trading name of Status Insurance Management Ltd, which has been operating for 30 years and is a Lloyd’s European coverholder. Status Global Insurance offers a wide range of insurance products to both UK and EU residents, from travel and private medical insurance plans through to insuring homes or holiday villas in Spain, Portugal, Cyprus and Malta. Status Global Insurance prides itself on offering exceptional wholesale and retail insurance products and services to both local nationals and expatriates in the UK and EEA. For more information please visit the new Status Global Insurance website: www.statusglobalinsurance.com

10a High Street
Billericay,Essex, CM12 9BQ
United Kingdom

Contact : Paul O’Sullivan
Telephone : +44 (0)203 5147032
E-mail : press@statusglobalinsurance.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Car Rental Insurance Product Changes for 2016 here

News-ID: 325461 • Views: 747

More Releases from Status Global Insurance

Europesure Expands It’s COVID-19 Cover
Europesure Travel Insurance, a brand of Status Global Insurance, has expanded its COVID-19 cover, which is an optional add-on to its very successful travel insurance product and is available to clients living in the UK, Gibraltar, the EU, the rest of the EEA and Monaco. The COVID-19 add-on currently gives cancellation cover to clients who need to cancel a trip because they have been hospitalised with COVID-19 and also, if they
Europesure Launches New Covid-19 Cover
Europesure Travel Insurance, a brand of Status Global Insurance, is launching a new COVID-19 cover which will be an optional add on to its very successful travel insurance product and will be available to clients living in the UK, Gibraltar, the EU, the rest of the EEA and Monaco. It will cover clients who need to cancel a trip if they are hospitalised because of COVID-19 or if they do
Status Medical Insurance Solutions Launches European Health Cash Plan Product an …
Status Medical Insurance Solutions, a new brand for Status Global Insurance (SGI), have just launched a new European Health Cash Plan product alongside Status Worldwide Healthcare, a new international private medical insurance (iPMI). These two new products complement those already available from Status Global Insurance, and are a great fit for the expat market. The Status Medical Insurance Solutions (SMIS) brand focuses on products designed to meet the health and

All 4 Releases


More Releases for Car

Car Monitor Display
https://www.qandqmarketresearch.com/reports/7152010/car-monitor-display-market-78 Global Car Monitor Display Market Insights, Forecast to 2025 This report presents the worldwide Car Monitor Display market size value, production and consumption, splits the breakdown data status 20132018 and forecast to 2025, by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porters Five Forces Analysis. Download Free PDF Sample
Sports Car Industry Forecasts
Albany, New York, November 8, 2016: Market Research Hub has announced a new research report to its database, titled “Sports Car industry forecasts”. In the two past decades, the industry has been growing at a fast pace. The dramatic expansions of the manufacturing capabilities and rising consumer consumptions in China have transformed China’s society and economy. China is one of the world’s major producers for industrial and consumer products. Far
India Car Rental Market
A research study, titled “India Car Rental Market: Trends, Opportunities And Forecasts (2016-2021)” - (By Value, By Region, By Segment - Radio Taxi, Corporate Rental, Aggregators and Affilators; Key Players; Market Share And Dynamics),” has been recently added by MarketResearchReports.biz to its huge repository of research studies. The research study further provides a detailed analysis of the car rental market in India, focusing on the product segmentation, competitive scenario, and
Apple Car
Apple Car – The new Apple driverless car was unveiled it is said to be the top hybrid electric car. The Apple Car will change the automotive industry very soon, learn why, & discover what the Apple Driverless Car will contain. Apple Car - All over, an auto appears like a heartbreaking thing for Apple Inc. to manufacture. Autos are a fiercely commoditised, staggeringly costly, for the most part low-edge
Connected World - Connected Car
According to ABI research, the number of global users of telematics smartphone applications is set to explode in the next five years from 3.2 million to 129 million users. It is vital that automotive manufacturers keep up-to-date with developments in this field if they are to remain competitive in this fast-paced market. Because their customers won’t wait. At IQPC’s 4th International Conference Connected Vehicles from 12-14 April in Berlin, experts
Car insurance: Over 50 car insurance advantages
Over 50 car insurance It has been observed that older drivers tend to have a more mature approach towards driving than new drivers. Car insurance companies are more and more eager to target drivers aged 50 plus or those that have retired as older drivers are more experience, fewer accidents and more consistent. We can say older drivers are present less of a risk. This means the over 50s are less