Tesco Bank extends home insurance underwriting panel
20 November 2014
Tesco Bank today announced that it has added Legal and General to its home insurance underwriting panel. Legal and General will join the existing panel with Tesco Underwriting, RSA, AXA and Towergate. The addition of Legal and General extends the footprint of the home insurance panel, helping Tesco Bank offer more customers a better deal on their insurance.
Tesco Bank Home Insurance has a 5 star rating from independent consumer finance experts Defaqto and offers unlimited building and £75,000 content cover as standard. All Clubcard customers receive a guaranteed Clubcard discount. Customers can tailor their policy to meet their needs by choosing from a number of optional extras such as Home Emergency and Bicycle Cover*, meaning they only pay for the cover they need.
Karl Bedlow, Managing Director, Insurance at Tesco Bank, commented,
“We are delighted that the addition of Legal and General to our home insurance panel will help us to offer more customers an even better deal on their policy. All of our panel of insurers are chosen because they help us offer comprehensive cover at a competitive price. We are continuously seeking to improve our insurance offer and we are pleased to welcome Legal and General to the Tesco panel.”
Mark Holweger, Managing Director, Intermediated at Legal & General,
“Legal and General are pleased to join the Tesco Bank Panel and look forward to working in partnership with Tesco Bank in developing and growing their customer home proposition"
For more information and media enquiries please contact:
Tesco Bank press office
+44 (0) 131 274 3630
Notes to Editors
*Clubcard discount does not apply to Home Emergency Cover. Home Emergency Cover is underwritten by Interpartner Assistance SA.
Tesco Bank Home Insurance is not available in certain postcodes.
Monetary levels, excesses and exclusions apply.
Tesco Bank’s goal is to make banking and insurance easier and better value for people who shop at Tesco. We’ve been around since 1997 and today we help more than 5 million customers manage their money every day. Our 4,000 colleagues serve our customers seven days a week from our three main centres in Edinburgh, Glasgow and Newcastle, and we are also available through online and mobile banking 24/7. Tesco Bank participates in the Chartered Banker Professional Standards Board.
Tesco Bank is a trading name of Tesco Personal Finance plc. Registered in Scotland No. SC173199. Registered Office: 2 South Gyle Crescent, Edinburgh, EH12 9FQ