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AA Rated Insurance Protection

Reliable insurance policies you can trust

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What is AA rated insurance?

In simple terms, taking out a policy with Tradesman Saver means that you’re covered by a financially stable insurance company, who you can rely upon to pay out whenever you make a valid claim.

All Tradesman Saver policies are underwritten by Covéa Insurance, which is the UK division of the French Covéa mutual insurance group, which has been awarded an AA- Stable Standard & Poor’s rating.

Standard & Poor’s is a business intelligence corporation and source of independent credit ratings, which are often used by financial investors and other market participants to measure a company’s creditworthiness. A Standard & Poor’s rating is issued as a letter that reflects the credit rating. On this scale, an “AA” rating shows a very strong capacity for the business to meet its financial commitments, with an “AA-” signalling that Covéa Insurance has a high relative standing within this category.

Why do I need AA rated insurance?

An AA- rating indicates that an insurance company is considered one of the best performing in its industry in terms of creditworthiness. Comparatively, those with “C” or “D” ratings are deemed incredibly weak, and far more likely to experience financial failure or even shut down altogether. Of course, when you’re looking for a company to bail you out in times of trouble, the last thing you want is to be stuck with one that’s unable to pay up.

On the other hand, choosing Tradesman Saver will guarantee that your livelihood is protected by a company that can be relied on for financial support after any unexpected accidents or incidents. What’s more, many clients will refuse to hire a tradesman unless they can prove that their insurance coverage comes from an A-rated provider, at least. We’re proud to work with Covéa Insurance, a company that demonstrates excellent financial strength, and provides the top-quality protection your business needs to succeed.

Insurance you can rely on with Tradesman Saver

In 2021, Covéa Insurance served over 2.2 million policyholders in the UK, generating £839 million in premiums.

2.2 million policyholders in the UK. 839.3 million premiums in 2021. Standard and poors aa- stable rating as a guaranteed subsidiary of covea. 60+ years trading experience in the UK.

We decided to partner with Covéa due to the company’s strength, stability, excellent reputation and 60-year trading history. As a result, we are confident that Tradesman Saver customers will always receive insurance premiums of the highest quality, enabling them to safeguard their business no matter what life throws their way.

Please note that the Legal Expenses section of the Tradesman Saver policy is underwritten by AA- Rated Arag plc.

How our AA rated insurance protection works

1 Apply Online

Complete our simple quote form with basic details about your business

2 Get a quote

Get an instant quote & choose any optional covers you may need

3 You’re insured!

Instantly activate your Tradesman Saver policy and view your certificates online

This website is intended for customers based in the UK and is therefore subject to the UK regulatory regime(s) © Copyright 2024 Tradesman Saver | Tradesman Saver and Henry Seymour & Co. are trading names of Barkdene Limited which is authorised and regulated by the Financial Conduct Authority (FRN 303965) for our insurance distribution and credit broking activities. Barkdene Limited is a credit broker not a lender. You can check our financial services registration status on the Financial Services register.
Registered in England No 1842617. Registered Office – Chancery House, St Nicholas Way, Sutton, Surrey, SM1 1JB. All rights reserved.
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