Insure4Retirement - insurance agent

sagalout1954

Anyone using these insurance agents? Got a reasonable quote for buildings insurance and they have AXA as underwriters but never heard of the company.

Found them on MoneySavingSupermarket comparison site so presume they must be OK? Having said that, Esure were on there and they have a poor reputation...................

(Have posted in the insurance site as well, but thought other 'golden oldies' might have more knowledge seeing as 'retirement' is in their name.)

topgranny

Someone from Insure4retirement 'phoned me last week about my building and contents insurances which are due next month. He said he had my number from one of the multi quote people (can't remember which one), although we are ex-directory. He seemed to know pretty much all about our policy, dates due and such, but I've never heard of the company either. Anyway, his quote was good and he e-mailed me the details as he promised.

I've yet to get further quotes but the market seems to be getting bigger every year and gets more and more confusing - or is it just me getting older and more confused?

sagalout1954

Have found out a little more. They are an independent, intermediary insurance agent, Australian but regulated in UK. It seems they act for (& this bit is dependent on what insurance you want) a company called Prestige, which is an insurance underwriting services company. In turn they act for the actual insurance underwriter which is AXA. Phew - I was hoping some bright spark on here might know all this............save me having to have done all that digging myself!

They have offered unlimited buildings insurance cover, with additional full accidental damage cover, excess is the compulsory £100 (haven't determined for sure the subsidence excess but assume that'll be the usual £1000) - all for £126.

Given that we have a VERY recent claim with our current insurer for attempted burglary, £1000 worth of damage to window and door, I thought their quote was very reasonable. They've also offered to pay the cancellation fee (in our case £35) to our current insurer as we want to finish with them a month or so early.

I realise this low quote is to 'reel us in' and payment will be by annual direct debit. NO danger that I won't forget to cancel that right after the first payment given that in all likelihood next year the quote will skyrocket!

Seems not many using them at present perhaps, but I suppose there's a lot of choice out there. Think I'll commit to going with them - at least no "don't touch with a bargepole" comments so far.

dacouch

sagalout1954 wrote: »

Have found out a little more. They are an independent, intermediary insurance agent, Australian but regulated in UK. It seems they act for (& this bit is dependent on what insurance you want) a company called Prestige, which is an insurance underwriting services company. In turn they act for the actual insurance underwriter which is AXA. Phew - I was hoping some bright spark on here might know all this............save me having to have done all that digging myself!

They have offered unlimited buildings insurance cover, with additional full accidental damage cover, excess is the compulsory £100 (haven't determined for sure the subsidence excess but assume that'll be the usual £1000) - all for £126.

Given that we have a VERY recent claim with our current insurer for attempted burglary, £1000 worth of damage to window and door, I thought their quote was very reasonable. They've also offered to pay the cancellation fee (in our case £35) to our current insurer as we want to finish with them a month or so early.

I realise this low quote is to 'reel us in' and payment will be by annual direct debit. NO danger that I won't forget to cancel that right after the first payment given that in all likelihood next year the quote will skyrocket!

Seems not many using them at present perhaps, but I suppose there's a lot of choice out there. Think I'll commit to going with them - at least no "don't touch with a bargepole" comments so far.

If you have a claim in your current period of Insurance there will be no refund of premium or if your paying by instalments you will need to pay the remaining instalments