New Insurance Partnership to Launch Innovative Products for Home Owners and Property Investors

HomeSource have partnered with Lloyds Cover Holder National Underwriting Agencies Pty Ltd AFSL 246229 (NUA) to launch a new range of products to market via Property Cover, it’s fully owned subsidiary. The first to launch is an innovative appliance insurance available to both homeowners and property investors, for under $200.

Sydney, Australia, March 09, 2011 --( Appliance Cover, which is already gaining interest in the real estate market, will offer an affordable way of covering major appliances up to 8 years old, including hot water systems, ovens, cook tops, dishwashers, washing machines and more, against unexpected breakdown.

“The NUA appointment comes after an extensive review of systems and process requirements and the new partnership enables us to maximise this first to market opportunity with the launch of a range of new products already under development and for release over the next few months,” said Pia Vogel, Director, PropertyCover.

NUA provides comprehensive online sales and compliance management systems that will facilitate the efficient roll out of new products to PropertyCover distribution channels and partners.

“We are excited about the opportunity of working with HomeSource, what they do is different and breaks new ground in this space,” added Alan Brewis, a Director of NUA.

Interest is also growing amongst real estate agents in the soon to be launched Home Buyers Cover.

“With 90% of homes in California and other states in the US sold with this type of cover in place, it was just a matter of time before agents and owners saw the same benefits here,” said Ms Vogel.

For more information about Appliance Cover visit

Appliance Cover is a revolutionary new product to hit the Australian insurance market. Appliance cover is extremely affordable starting from as low as $0.51 per day available to both home owners and landlords, simplifying the cost of repairing major appliances including; hot water systems, ovens and cook tops, dishwaters, washing machines, fridges and more.

PropertyCover Pty Ltd ABN 49 127 074 837 is a Distributor of National Underwriting Agencies Pty Ltd ABN 60 089 657 849 AFSL 246229

For more information contact: Pia Vogel, Director, PropertyCover Pty. Limited
Tel: 02 8399 1838 Mobile: 0411 876 366

HomeSource Ltd
Pia Vogel