The Sky Protect Smart Home Insurance service has been launched by the brand in the UK to provide consumers with the ability to protect their living space in a holistic manner. The package is underwritten by Zurich Insurance and comes with a bevy of smart home devices such as an indoor camera, video doorbell, contact sensors, motion sensor and leak detectors. The devices are connected to the Sky Protect app to keep users in charge of their living space from a security perspective, while the insurance plan covers the unexpected.
The Sky Protect Smart Home Insurance service comes as the latest expansion of the telecom company's product portfolio that will join its existing mobile, TV, broadband and streaming options.
Smart Home Insurance Services
Sky Protect Smart Home Insurance Comes with a Bevy of Devices
Trend Themes
1. Smart Home Insurance - Insurance companies can leverage smart home devices to provide customers with more comprehensive coverage and control.
2. Connected Home Security - Companies can offer smart home security solutions through subscriptions for a recurring revenue stream.
3. Holistic Home Protection - The trend towards comprehensive smart home insurance products that offer both protection and monitoring will continue to grow.
Industry Implications
1. Home Insurance - Insurance companies can differentiate themselves by offering smart home devices and comprehensive protection packages.
2. Smart Home Technology - Smart home device manufacturers can partner with insurance companies to expand the use case of their products and increase sales.
3. Telecommunications - Telecom companies can expand their product offerings with smart home insurance services, creating new revenue streams and customer loyalty.