Lloyds TSB: home insurance redundancy premium waiver

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Monday, 06 April 2009 12:00

Lloyds TSB has announced that those who purchase a home insurance policy will be granted a six month premium waiver if they are affected by redundancy.

The waiver will be available to all customers who purchase a Home Solutions' policy in a branch between Monday, April 6th and June 6th.

Redundancy has to occur before the end of 2009 to qualify for the offer.

Mike Canniffe, Lloyds Banking Group, retail banking insurance director, said: "Our pledge offers extra breathing space to British homeowners who increasingly find themselves in a 'Catch-22' situation.

"Despite feeling more concerned about the security of their homes, many are having to seriously consider cutting back on household essentials, such as insurance, just to make ends meet."

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