Unique to Royal Union, the Saver Series of insurance products is available to both business (Commercial Saver ®) and personal (Royal Saver ®) clients and offers the ultimate in flexibility combined with competitive pricing. The concept is based on co-insurance principles where you – the Insured – carry a portion of the risk up to an amount you feel comfortable with. In return for carrying a portion of the risk, you receive a portion of the premium to fund claims falling within this self insured portion. This concept allows you to reap immediate financial rewards by linking your policy to a corporate savings account. In line with our risk management philosophy, each Saver policy is individually underwritten.
What this all means is that you have complete control over your policy and can tailor it perfectly to suit your needs and circumstances.
In terms of business clients, the Saver Series serves as a bridge between a fully insured client and one who wants to move towards self-insurance, allowing time to ‘build’ a fund, yet still have access to the funds if the need arises.
The Saver Series can be applied to any type of insurance policy, but it is best suited to clients who ‘take more care’. If you are the type of person who tends to look after and protect your assets from loss or damage, then the Saver Series is the ideal fit for you.
FLEXIBLE COVERT THAT PUTS YOU IN CONTROL
IN BRIEF, THE SAVER SERIES:
THE SAVER SERIES OFFERS THE FOLLOWING CLIENT BENEFITS: