Home Insurance

Tesco launches 3 new ways to insure your home

On 22 June, Tesco is launching three new home insurance products. The range of ‘Value', ‘Standard' and ‘Finest' will meet the needs of customers, whatever their home insurance requirements.

12/06/08

Tesco launches 3 new ways to insure your home

Value - Good cover at outstanding prices. Costing on average 30% less than the Standard product, Tesco Value Home Insurance includes the essential elements of cover while excluding extras that some homeowners may not wish to pay for.

Standard - An enhanced version of Tesco's existing home insurance product. Has mass appeal and offers a great deal for customers. It covers everything a customer would expect, clearly explained with no surprises. Enhancements include no compulsory excess and over £10,000 worth of additional cover at no extra cost. These increased limits are an acknowledgement of changing lifestyles (e.g. greater value of Garden Furniture and Pedal Cycles)

Finest - offers the most comprehensive cover that we have ever offered. It gives customers peace of mind with exceptional added value at a great price. The many enhancements include, unlimited Buildings cover, contents away from home doubled to £10,000, as well as additional benefits including Home Emergency, ID Fraud Detection and Assistance and a unique Concierge Service, which offers provides a range of services from booking entertainment and travel to shopping and home help advice.

Jim Bruce, Head of Tesco Home Insurance said: "When our customers walk into our stores they expect to see great choice and get great value for money. Customers have told us they understand Value, Standard and Finest and in the current economic climate we want to do everything we can to help them get exactly what they want to pay for. We've brought this range to the home insurance market to offer even greater choice, clarity and value."

New Home Insurance customers will receive up to £60 off shopping or fuel at Tesco:

Free £10 when purchasing Value

Free £40 when purchasing Standard

Free £60 when purchasing Finest

To apply for Tesco Home Insurance, visit www.tescofinance.com or phone 0845 301 09 01.

-Ends-

For further information, please contact:

Matthew Dransfield
Tesco Personal Finance
Tel: 0131 523 9001
Mob: 0791 707 0614

Ra Fletcher
Haggie Hepburn
Tel: 020 7334 7777

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Notes to editors:

Tesco Home Insurance

Tesco Finest Home Insurance has been given a 5 star rating by independent consumer agency Defaqto

Tesco Home Insurance is underwritten by UK Insurance Limited.

Get a quote for Tesco Home Insurance by 23 July 2008, and when you buy, receive up to £60 off shopping or fuel at Tesco (Clubcard customer exclusive).

Tesco Personal Finance

Tesco Personal Finance Limited is a joint venture between The Royal Bank of Scotland plc and Tesco PLC. Tesco Personal Finance Limited. Registered in Scotland No. 173199. Registered Office: 24 St Andrew Square, Edinburgh, EH2 1AF.

Tesco Compare

Tesco Personal Finance Compare Limited is a part of the Tesco Personal Finance Group, a joint venture between The Royal Bank of Scotland plc and Tesco PLC. Tesco Personal Finance Compare Limited. Registered in Scotland No.SC318925. Registered Office: 24 St Andrew Square, Edinburgh EH2 1AF.Authorised and regulated by the Financial Services Authority.

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