Daily Insurance Industry News
Daily Insurance Industry News
Tuesday 14th of August 2018
March 1, 2010

Santander promotes home insurance with mortgage offer

by Gill Montia

Story link: Santander promotes home insurance with mortgage offer

Santander is promoting its “Peace of Mind” home insurance with an offer to its mortgage applicants and borrowers.

They need only request a full home insurance quote from the lender by 7th March to be entered into a prize draw that could relieve them of monthly mortgage repayments of up to £1,000 for a year.

The Spanish bank’s Peace of Mind offering is five-star rated from Defaqto.

Key features include unlimited total sum insured for buildings and contents on dwellings with up to five bedrooms and unlimited sum insured cover for the cost of temporary accommodation.

The policy also protects against the loss of computer downloads, such as music, and there is no extra charge for paying premiums monthly by direct debit.

Santander Insurance UK director, Miguel Sard, says: “This is a great opportunity for someone to be mortgage free for a year, at the cost of a simple enquiry into how best to get comprehensive cover for your home.”

He adds: “In the current climate, offers like this are few and far between and we would encourage homeowners to make the most of the chance of this opportunity”.


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