
Virgin Money to launch car insurance - 06 Oct 2009 00:31
Virgin Money SA has recently gone to market with a new product, which is aimed at bringing updated insurance solutions to age-old problems.
This offering, Virgin Money, Insurance like it should be, has set itself up to make South Africans feel better off with their insurance.
During the company’s investigation into the insurance market, they discovered that policyholders pay on average R1.2 billion in insurance excesses. Following this discovery, they decided to do away with paying excesses for vehicle claims, allowing customers to enjoy insurance like it should be. (Terms & Conditions apply.)
In addition to saving on the excess payments, when you get cover through Virgin Money, Insurance like it should be, you will also be able to enjoy the financial benefit of having your car insurance premiums fixed for 24 months. (Terms and Conditions apply).
According to Vinay Padayachee, Managing Director of Virgin Money South Africa, short-term insurance customers are not as spoilt for choice as the industry would like them to think. Although there are many insurers offering all sorts of cover, the prices and benefits are not competitive enough to make the choice matter.
The cover available through Virgin Money is a ground breaking new product that promises a great deal and excellent customer service. If you’re sick and tired of having to face hefty excess payments every time you claim and an annual insurance premium increase in these already financially trying times, then Virgin Money’s “Insurance like it should be” is for you.
Virgin Money South Africa (Pty) Ltd. Reg. no. 2005/016196/07. An authorised financial services provider, FSP 31730. Policies underwritten by Dial Direct Insurance Ltd. Reg. no. 1995/008764/06. An authorised financial services provider, FSP 15259.
This offering, Virgin Money, Insurance like it should be, has set itself up to make South Africans feel better off with their insurance.
During the company’s investigation into the insurance market, they discovered that policyholders pay on average R1.2 billion in insurance excesses. Following this discovery, they decided to do away with paying excesses for vehicle claims, allowing customers to enjoy insurance like it should be. (Terms & Conditions apply.)
In addition to saving on the excess payments, when you get cover through Virgin Money, Insurance like it should be, you will also be able to enjoy the financial benefit of having your car insurance premiums fixed for 24 months. (Terms and Conditions apply).
According to Vinay Padayachee, Managing Director of Virgin Money South Africa, short-term insurance customers are not as spoilt for choice as the industry would like them to think. Although there are many insurers offering all sorts of cover, the prices and benefits are not competitive enough to make the choice matter.
The cover available through Virgin Money is a ground breaking new product that promises a great deal and excellent customer service. If you’re sick and tired of having to face hefty excess payments every time you claim and an annual insurance premium increase in these already financially trying times, then Virgin Money’s “Insurance like it should be” is for you.
Virgin Money South Africa (Pty) Ltd. Reg. no. 2005/016196/07. An authorised financial services provider, FSP 31730. Policies underwritten by Dial Direct Insurance Ltd. Reg. no. 1995/008764/06. An authorised financial services provider, FSP 15259.