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Media releases Baloise insures Pfister furniture against flops, failures and fiascos
Basel, September 3, 2018. Following a successful pilot phase, Baloise is entering into a partnership with Pfister. In doing so, it has made a useful addition to its “Home & Living” segment, which has been expanded through acquisitions and with new products in the wake of the new Simply Safe strategy.

The apartment has been furnished, the last boxes have been stowed away and the designer desk lamp was admired at the house-warming party. Then the inevitable happens: a clumsy guest trips over the cable, sending the lamp crashing to the floor in a thousand pieces. As of now, Pfister customers can relax and smile away such mishaps – the new purchase is insured by Baloise against exactly these kinds of clumsy accidents.

“In our new partnership with Pfister, customer service is first and foremost. When purchasing an item of furniture, the customer receives suitable insurance cover on request – simply and without hassle, directly at the point of sale,” explains Corsin Sulser, Project Manager, Market Positioning, at Baloise. The insurance, which was developed in collaboration with KASKO, covers the respective item of furniture against mechanical damage, improper use, short circuits or voltage fluctuations and damage caused by foreign matter.

“Many customers fall in love with an item of furniture but may hesitate for understandable reasons in the case of a delicate or expensive product because, for example, they have small children or pets at home. With insurance that fits the product, we can offer such customers great coverage against smaller or larger fiascos,” says Dominik Müller, Head of Sales Projects at Pfister.

The insurance coverage of the new Fiasko Kasko Insurance is more comprehensive than that offered by most home contents policies, which cover the risks of damage due to fire, water and burglary. In collaboration with Pfister, the Fiasko Kasko Insurance bridges the gap between the coverage offered by a home contents policy and the coverage granted under a manufacturer’s warranty. The low deductible amount also makes it an ideal solution for individual items of furniture.

Fiasko Kasko Insurance can be taken out now in any Pfister branch on purchasing a product or online via baloise.ch/fiasko-kasko.

About Helvetia Baloise Helvetia Baloise is Switzerland’s largest multi-line insurer and one of Europe’s leading insurance groups. Every day, more than 22,000 employees work hard to support around 13 million customers with insurance, pension, and financial solutions. These customers range from individuals and small to medium-sized enterprises (SMEs) through to international customer groups, which also benefit from areas such as specialty insurance and reinsurance. Headquartered in Basel, Switzerland, Helvetia Baloise operates in eight European markets and in global specialty markets, combining its strong Swiss roots with a clear international focus. Helvetia Baloise creates safety and security and opens up opportunities, both today and in the future. Through profitable growth and business operations that are geared to long-term stability, we create tailored solutions for our customers, provide an attractive and reliable investment for our shareholders, promote strong partnerships and offer rewarding career prospects for our employees. Helvetia Baloise Holding Ltd shares (HBAN) are listed on the SIX Swiss Exchange.
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