Product of the Month

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OVERSEAS HOME AND CONTENTS

Product: Hiscox 606 Overseas House and Contents

Underwriter

Hiscox

Commission paid

15% to 22.5%.

All business is open-market, with Hiscox producing all the quotes and documents

Coverage

- Buildings and contents

- Named perils with extension to accidental damage

- Fine art and jewellery: all risks

Minimum premium

£2,000 excluding local tax

Excess

Buildings and contents: £250

Fine art and valuables: nil

Contact

Laurent Schonbach. Tel: 020 7448 6061 or e-mail laurent

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ABI records 3% home premiums rise in Q1

Average home insurance premiums for buildings and contents cover rose by 3% to £375 in the first quarter of this year, pushing the year-on-year rise up to 19%, according to the Association of British Insurers.