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Shake Up For Household Insurance Market

Private Insurance Portfolio, a specialised insurance brokerage serving the high net worth market, has launched a new household insurance product. The Premium Reward Fund invests 20% of a customer's premium over a three-year period, the proceeds of which are returned to them if they make no claim during that period.

The product is available to those who spend £3,000 per year on household insurance. It is designed to appeal to those who either own multiple homes for their own use or as investors through the buy-to

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