The product offers a 10 per cent bonus in the monthly benefit for customers who do not make a claim in 24 consecutive months of their policy.
The relaunch coincides with FSA regulation of the general insurance market on January 14 and the revision of Calibre’s quote facility in line with statutory requirements.
Calibre is a subsidiary of the R3 group of companies based in Ipswich. It specialises in providing general insurance products for IFAs, estate agents and mortgage brokers including residential property insurance, commercial property insurance, private motor and private medical insurance.
Business manager Julian Clapson says: “MPPI is a vital component of our home move-related product suite and we believe this development will give us a real edge in our core market.”