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Old Mutual launch direct-to-the-public short-term insurance product iWYZE
Monday, 03 May 2010 16:57
Old_Mutual_iWYZEFinancial services provider Old Mutual have launched a new short-term insurance product, iWYZE, to compete for more of a share of the direct short-term insurance market. The valuables insurance product by Old Mutual is short-term insurance for car, home and personal possessions, without the fuss or expense of superfluous extras.

Having been in the insurance industry for 165 years, Old Mutual are one of the most prominent players in the South African insurance market and provide reliability over additional insurance options, such as emergency assistance and no-claims bonuses. iWYZE is a one-stop short-term insurance stop for general cover.

The vehicle insurance, home insurance and household or contents insurance product includes cover for accident fire and theft, as well as personal liability, extended liability, legal costs and a retrenchment premium waiver. Like most short-term insurance providers, iWYZE caters for third-party, fire and theft and comprehensive car insurance cover. Similarly basic, the household insurance cover protects household goods from theft, fire, natural disasters and water systems failure. Portable electronic goods are covered under the general and specified insurance portion.

By providing consumers with a range of cover options under the iWYZE product, policyholders are able to customise their cover directly with the iWYZE contact centre agents. Via this new product, Old Mutual are now contactable without the help of a middle man, which promises cheaper insurance.
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