ACE Private Risk Services has expanded the availability of its ACE Platinum Portfolio policy to Kentucky and Ohio.
Launched in May 2008 and sold through independent agents and brokers, the new product is designed to meet the insurance needs of affluent and high net worth individuals and families.
According to ACE, the Platinum Portfolio is now available in states representing more than 70 percent of all homes valued at $1 million or more in the U.S.
ACE said it plans to complete the national roll-out in 2009.
The ACE Platinum Portfolio offers benefits such as full replacement cost coverage for the home, the freedom to choose local repair shops for car repairs, protection against market value fluctuation for valuables, and claims and risk consultation services.
Source: ACE Private Risk Services
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