Residential MD

Residential MD

Residential MD


 

 

Product Overview

Residential MD helps protect customers from the high costs associated with repair and replacement of covered parts and equipment for appliances and home systems if they become inoperable due to mechanical failure from normal wear and tear.

 

Clients

Financial channel

 

Marketing Methods

Telemarketing, direct mail, internet, Direct to Consumer (DTC)

 

Base Price

$539.40/$44.95 per month

 

Deductible

$85 per occurrence/per trade

 

Aggregate Cap

$50,000

 

Individual Caps

$10,000 single claim cap

$1,500 aggregate cap for converted heating systems/boiler

$1,000 pool/spa heater

$1,000 ultra premium appliances

 

Base Coverage

Plumbing, electrical, appliances (major kitchen and laundry), air conditioning and heating 

Other Coverage

Rust and corrosion (coverage begins on effective date)

Hot water heater sediment buildup

Unknown pre-existing conditions

Appliance Buyline

Refrigerator with water/ice dispenser

Faucets

Plumbing stoppages to 100'

Additional coverage

Additional Coverage

Price

Central A/C system

$85/$7.08 monthly

Central heating system

$115/$9.58 monthly

Refrigerator

$30/$2.50 monthly

Toilet

$60/$5 monthly

Water heater

$60/$5 monthly

 

Optional coverage

Optional Coverage

Price

Pool

$150/$12.50 monthly

Spa

$150/$12.50 monthly

Pool/spa combination

$150/$12.50 monthly

Pool with heater

$200/$16.66 monthly

Spa with heater

$200/$16.66 monthly

Pool/spa combination with heater

$200/$16.66 monthly

Well pump

$70/$5.83 monthly

 

 

Review Period

30 days

 

Properties Covered

Up to duplex coverage

 

Terms and Conditions

Residential MD Warranty

 

 



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