August 15th, 2008
A hole in one with a Distinct difference
Did you know that many people are undervaluing their homes and their belongings, on average, by more than half of their actual value?* This could result in a huge loss if it came to making an insurance claim.
Clothing and personal effects, including designer items, accessories and even your golf clubs are top of the list of underinsured possessions. Antiques, soft furnishings, collections such as wine or stamps, glassware, ceramics and works of art are all also within the top 10 items commonly undervalued.
So, do you know the value of your belongings and are they adequately protected?
It is essential to assess if you have the right cover and this can be done via Norwich Union’s Distinct website www.norwichuniondistinct.co.uk/executivegolf, where you will find an interactive calculator designed to help you evaluate whether or not you are underinsured.
Peace of mind is very important that, should the worst happen, you have the right cover to match your needs. Norwich Union’s Distinct premium insurance service is developed exclusively for those who need to insure high value homes, cars and holidays.
With Distinct, you not only get quality insurance, but access to many other premium features as well. These include a team that’s dedicated to meeting your needs, independent valuation services for your home, including art, antiques and collectables, specialist jewellery services from Mappin and Webb, preferential rates for professional safe installations by Guardian Safes Limited and a special home sitters arrangement for customers who love to travel.
Also, for those keen golfers, Norwich Union offers £250 to anyone with a policy that achieves a hole in one at an official event.
James Tibbetts, a long-standing customer with Norwich Union, was watching his wife Philippa play at the Stourbridge Golf Club tournament, when she managed to sink a hole-in-one.
He said: “I only found out about the £250 incentive when our renewal came through a short time afterwards. It is traditional that if someone gets a hole-in-one, that person buys everyone in the clubhouse a drink. There were a lot of people in the clubhouse that day so it was a very pleasant surprise to find out that Norwich Union were helping out with the round!
“An insurance pay out is usually associated with a misfortune of some sort so it’s lovely to receive the prize for something special and that we have all enjoyed instead – it’s a double positive!”
* Source: 353 wealth checks carried out by Norwich Union in 2007