UK Warranty has revamped its Safeguard products with a warranty solution designed specifically for independent retailers.
Safeguard has provided retailers with a post-sale repair and cover service without the need to sign up to minimum volume deals.
Neil Martin (pictured), managing director of UK Warranty, said: “The new product offers retailers more flexibility than ever before. We have overhauled our sales portal, meaning it is even easier for retailers to register sales and download and dispatch policy documentation. The portal also provides more visibility over the repair and returns process, allowing retailers to book service calls or repair the appliance themselves and claim their rebate.”
Retailers now have the choice between Safeguard, Safeguard Plus – which includes accidental damage – and Safeguard Replacement Cover for small domestic appliances.
UK Warranty claims that the new pricing structure makes Safeguard “the most competitive” point-of-sale product available. It now offers flexibility to add accidental damage on a net-rated basis, meaning retailers can control their own selling price.
Retailers also have the option to supply replacements and conduct their own repairs.
“We want to ensure retailers are given the option to use warranties to benefit their business, be this as a promotional tool, after-sales customer proposition or as an additional revenue stream,” Mr Martin added. “Our new retailer portal gives sellers the opportunity to conduct end-of-guarantee promotional activity as well as providing excellent value for money. We have benchmarked Safeguard against a number of leading brands and concluded that Safeguard offers retailers the best net-rates currently available in the market at this time.”
The company also plans to launch a 12-month direct debit facility, with a proposed launch date in late summer.