Partnership provides new way to get more home security for less and
reimbursement of insurance deductible
COLUMBUS, Ohio, Nov. 14 /PRNewswire/ -- Nationwide Property Protection
Services, L.L.C. and Lawrence, Kan.-based Protection One(R) have partnered
to offer a home security system that offers more protection for less money
than most security providers' basic systems.
The exclusive, co-branded, home security package, marketed as a
Nationwide Property Protection Services(SM) home security system from
Protection One, is being offered to customers, agents, and associates of
Nationwide Mutual Insurance Company and its affiliates in Ohio, as part of
the trial relationship. Sales, installation, service and monitoring are
provided by Protection One (OTC Bulletin Board: PONN). The system has a low
installation cost as well as a low monthly monitoring fee. It also includes
smoke and water protection, features that are generally priced as extras by
other major security companies.
"We know that security and overall property protection are important
concerns for homeowners," said Jay Beighley, President, Nationwide Property
Protection Services(SM). "This offering not only helps keep Nationwide
customers' homes and families secure. It also allows them to receive up to
a 12 percent discount on their Nationwide homeowners insurance. We are
pleased to offer this additional product and service."
John Pumpelly, Protection One's senior vice president of alliance
relationships, said, "We believe the value available to Nationwide
policyholders through this partnership is great and adds to the numerous
quality services already offered by their insurance provider. Including
security -- at a discounted cost -- in these services helps assure their
customers' homes and lives are further protected from smoke, fire and water
emergencies.
"In addition, if a Nationwide customer has an eligible smoke, water or
burglary loss while we are monitoring their home, we'll pay their insurance
deductible up to $1,000," Pumpelly said. "This is an exciting relationship
and represents the natural convergence of property protection services and
insurance for homeowners."
About Nationwide Insurance:
Nationwide, based in Columbus, Ohio, is one of the largest diversified
insurance and financial services organizations in the world, with more than
$158 billion in assets. Nationwide ranks 98th on the Fortune 500 list. The
company provides a full range of insurance and financial services,
including auto, homeowners, life, health, commercial insurance,
administrative services, annuities, mutual funds, pensions and long-term
savings plans. For more information, visit http://www.nationwide.com.
About Protection One
Protection One, one of the leading commercial and residential monitored
security services companies in the United States and a leading security
provider to the multifamily housing market through its Network Multifamily
division, serves approximately one million customers in North America. For
more information about Protection One, go to http://www.ProtectionOne.com.
Nationwide, the Nationwide Framemark and On Your Side are federally
registered trade marks of Nationwide Mutual Insurance Company. Nationwide
Property Protection Services is a federal registered service mark of
Nationwide Mutual Insurance Company. Protection One is a federally
registered trade mark of Protection One.
Nationwide Property Protection Services, L.L.C. does not provide
insurance products or services.
Contacts:
Charley Gillespie, Nationwide
(614) 249-5701
gillesc1@nationwide.com
Robin J. Lampe, Protection One
(785) 856-9350
robinlampe@ProtectionOne.com
SOURCE Nationwide
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Related links:
http://www.nationwide.com
http://www.ProtectionOne.com
http://www.prnewswire.com/comp/607050.html/
CONTACT:
Charley Gillespie of Nationwide,
+1-614-249-5701, or gillesc1@nationwide.com; or Robin J. Lampe of
Protection One, +1-785-856-9350, or robinlampe@ProtectionOne.com
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