Sentry expands into insurance

September 2001 News & Events

In a first for the security industry, Sentry Security, recently acquired by ADT Fire and Security, has launched a unique insurance policy that covers its clients for theft during the short time span between alarm activation and the arrival of a Sentry response vehicle.

The 'smash and grab' policy is one of several recent innovations from Sentry Security's Financial Services division, and has been underwritten by Guardrisk Insurance Company.

"The insurance product was developed in response to customers' changing needs and would protect their mainstream insurance premiums or no claim bonuses," said Pierce Butler, Sentry Group Financial Director. "The product has been structured so that there is no excess payable, claims are settled within 48 hours and there is a significant accidental death benefit."

He added that the establishment of Sentry Security Financial Service was a major step forward in their ongoing efforts to add value to their customer base. "Early take-up of the policy has been very encouraging and we expect to see substantial growth in our Financial Services side."

For further information contact René Marx, Manager: Sentry Security Financial Services, on tel: (011) 788 5547.





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