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Aon designs new home insurance policy for Key Workers
London
NYSE: AOC

LONDON, 7 April 2008 – In response to the Government’s Key Workers Living Programme, Aon has launched a new home insurance policy to help Key Workers protect their assets. The policy was specifically designed by the UK’s leading insurance broker to take into account Key Workers’ employment, work uniforms and lifestyle. Cover includes free 24 hour emergency help lines to fit around shift patterns and working hours. 

 

The policy is available to all Key Workers, predominantly front line staff working in education, health and community safety, including police, NHS clinicians, teachers and social workers.

 

Aon’s Key Worker Home Insurance provides all the benefits of a standard buildings and contents cover with additional protection specific to Key Workers, including:

  • home emergency service by approved and qualified trades people; 
  • optional cover for work uniforms and paraphernalia;
  • free legal and tax advice, GP and identity theft helplines.

 

Helen Denham, product development manager for Aon’s affinity schemes, commented: “The Open Market and New Build HomeBuy schemes present new opportunities for Key Workers to step onto the housing ladder. In turn, we wanted to create an insurance product that would be equally cost-effective to help protect Key Workers’ investment in the event of an incident.

 

“A Key Worker’s lifestyle can often be different to someone that is based, say, in an office or factory. This is why the sector has been thoroughly researched and the cover has been tailored to a Key Worker’s particular lifestyle needs. For example, the policy can cover against loss or damage to uniforms and business equipment owned or on loan. This element of cover could be beneficial to those working in the health, police or fire service.

 

“The policy also contains other relevant features, such as cost for replacement of medals and work related certificates, which could be attractive to those who receive professional qualification documents throughout their career.”

 

Ends

For more information contact:

Alexandra Lewis

0207 882 0541

Alexandra.lewis@aon.co.uk                                                                                                                                              

 

About Aon

Aon Corporation (NYSE:AOC) is the leading global provider of risk management services, insurance and reinsurance brokerage, human capital and management consulting. Through its 37,000 colleagues worldwide, Aon readily delivers distinctive client value via innovative and effective risk management and workforce productivity solutions. Our industry-leading global resources, technical expertise and industry knowledge are delivered locally through more than 500 offices in more than 120 countries. Aon was ranked by A.M. Best as the number one global insurance brokerage in 2007 based on brokerage revenues, and voted best insurance intermediary, best reinsurance intermediary, and best employee benefits consulting firm in 2007 by the readers of Business Insurance. For more information on Aon, log onto www.aon.com

 

 

This press release contains certain statements related to future results, or states our intentions, beliefs and expectations or predictions for the future which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from either historical or anticipated results depending on a variety of factors. Potential factors that could impact results include: general economic conditions in different countries in which we do business around the world, changes in global equity and fixed income markets that could affect the return on invested assets, fluctuations in exchange and interest rates that could influence revenue and expense, rating agency actions that could affect our ability to borrow funds, funding of our various pension plans, changes in the competitive environment, our ability to implement restructuring initiatives and other initiatives intended to yield cost savings, our ability to successfully execute strategic options for our Combined Insurance subsidiary, the impact of current, pending and future regulatory and legislative actions that affect our ability to market and sell, and be reimbursed at current levels for, our Sterling subsidiary’s Medicare Advantage health plans, changes in commercial property and casualty markets and commercial premium rates that could impact revenues, changes in revenues and earnings due to the elimination of contingent commissions, other uncertainties surrounding a new compensation model, the impact of investigations brought by state attorneys general, state insurance regulators, federal prosecutors, and federal regulators, the impact of class actions and individual lawsuits including client class actions, securities class actions, derivative actions, ERISA class actions, the impact of the analysis of practices relating to stock options, the cost of resolution of other contingent liabilities and loss contingencies, and the difference in ultimate paid claims in our underwriting companies from actuarial estimates.  Further information concerning the Company and its business, including factors that potentially could materially affect the Company’s financial results, is contained in the Company’s filings with the Securities and Exchange Commission.

 

Aon Limited is authorised and regulated by the Financial Services Authority in respect of insurance mediation activities only.

 

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