YouDecide Adds Auto Warranty Product to Broad Array of Financial Product Offerings
PHILADELPHIA--June 20, 2002--YouDecide, a web-enabled aggregator of insurance and financial products owned by ACE INA, announced today the addition of auto warranty coverage to its comprehensive platform of insurance and financial products.Through group purchasing discounts, cost savings could be substantial compared with those available through new and used car dealerships.
"Not only are we offering a real benefit to our four million corporate employee members -- cost savings through group purchasing -- we are also offering a unique convenience as well -- a simple application process for all of their auto-related needs," said Caroline Vanderlip, president, YouDecide. "Each member's data is stored in a secure folder and then shared across each product application, eliminating the need to enter personal data more than once. Our platform also provides valuable consultative information regarding many major life events, such as the purchase of a new automobile. Combined with the content and tools to make solid purchase decisions, this capability makes YouDecide the most comprehensive, integrated platform for auto finance, insurance and warranty coverage."
The auto warranty product is issued by the ACE USA Warranty Division, and is underwritten by a subsidiary insurance company of ACE US Holdings, Inc. rated A (Excellent) by A.M. Best and A+ (Strong) by Standard & Poor's.
Depending upon the type of vehicle, a warranty can be purchased for model years beginning with 1999 to the current year, providing the odometer reading indicates less than 35,000 miles. The auto warranty product is available in all states except Alaska, Florida, New Mexico and Oklahoma.
YouDecide offers a comprehensive platform of personal insurance products and financial services to meet the needs of employers and employees. For the employer, YouDecide's voluntary benefits platform augments core benefits, providing a cost-effective means of strengthening an employer's relationship with its workforce.
YouDecide's diverse selection of competitive financial products enables employees to compare rates, utilize educational and analytical tools, and purchase at favorable rates through the Internet, via telephone or worksite enrollment.
YouDecide is a wholly-owned subsidiary of ACE INA Holdings, Inc. ACE INA Holdings, Inc. is headquartered in Philadelphia and is part of the ACE Group of Companies . The ACE Group of Companies provides insurance and reinsurance on a global basis for a diverse group of clients through operating subsidiaries in nearly 50 countries.
Additional information can be found at www.YouDecide.com and www.ace-ina.com.