Travelers Canada introduces OPTIMA® Home
Travelers Canada , a division of The Travelers Companies, announced the launch of OPTIMA® Home, a new property insurance product that provides customizable coverage options for homeowners, tenants, condominium and landlord policies.
“We created OPTIMA Home with the needs of our customers and brokers in mind. The new product gives customers greater coverage flexibility and easy-to-understand policies to provide a better all-around experience, while offering an underlying platform to simplify the process for our broker partners.” – Bob Aaron, Vice President of Personal Insurance at Travelers Canada.
OPTIMA Home’s features include:
- Scalability – The ability to scale standard coverage limits up or down to meet individual needs.
- Specialty and Supplemental Coverages – Access to additional packages or add-on coverage for potential risks such as debris removal, earthquake and floodwater.
- New Discounts – Cost reductions that can be added for customers who pay their premiums on time, get an early quote or use green home and water protective devices.
- Simplified Documents – Straightforward documents and eligibility guidelines to help customers better understand their coverages.
OPTIMA Home is currently available in Ontario and Western Canada, and will soon be available in Atlantic Canada.
