Products: L&G launches mid and high net worth home insurance product
Legal & General (L&G) has targeted mid and high net worth clients with the launch of Enhanced home insurance. The new product comes in partnership with Aqueduct Underwriting. At first it will only be available through regional brokers before being rolled-out to other distribution channels.
Cover available through the new policy includes buildings sum insured over £800,000 and contents sum insured over £80,000. L&G highlighted that high-value items were covered as standard with no need to list individual items such as jewellery and watches valued under £10,000, or £15,000 for other valuable items.
Mark Holweger, director, L&G’s general insurance business, said: “The launch of Enhanced importantly complements the existing cover options available to customers through our broker
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