In a step aimed at reinforcing its market leadership and competitive advantages in the insurance sector across the region, AXA Insurance Gulf -- one of the top five insurers in the GCC – has launched its new enhanced Home Insurance online.
In a move to put more and more of their products online, AXA is responding to a need from customers to be more accessible even whilst providing competitive benefits, a reasonable price and good service.
Alexis de Beauregard, Chief Officer - Marketing & Retail products at AXA Insurance Gulf said, "Home Insurance in the UAE has a very low penetration. 95% of home owners in the UAE do not have home insurance because it is not a mandatory requirement. However, more and more people are looking to insure their homes and we have enhanced our product to meet the varying needs with provide flexible options along with the convenience of buying the product online."
He also went on to elaborate on the importance of having Home Insurance. A home is the most important asset that a person has and it needs to be protected from damage and destruction. If you have a mortgage, you need insurance to protect the lenders investment. Not only will a good policy save you money in the event that something untoward happens, but an insurance company can also help with other matters like making your home more resistant to natural disasters or providing you with alternate accommodation if your home is damaged.
"With this new online service, we offer a comprehensive package to our customers at no extra cost. Comprehensive does not necessarily mean expensive – the new home insurance covers the policy holder, his home and family for less than AED 1 per day" said Alexis.
