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Fees and Charges - effective for all policies or policies renewing with a cover start date on or after 9th August 2010
| Type of Transaction | Charge | Notes |
| Home, Private Car, Commercial Vehicle, Motorcycle & Caravan | ||
| New policy inception and renewal | £27.50 | |
| Changes to existing policies - Mid Term Adjustments | £27.50 | This charge is in addition to the inception and renewal charges stated above and any additional premiums due to change in risk |
| Cancellations | £50 | This is in addition to any retained commission below. |
| Commission Retention | Varies | If a policy is cancelled after the 14th day, we will retain the commission earned from the sale of the policy. The amount is dependent on the annual premium and insurer. |
| Duplicate Documents and Cover Notes | £10 | If more than one document is requested at the same time, only one charge will be made. |
| Taxi Insurance | ||
| New policy inception and renewal | £55 | |
| Changes to existing policies - Mid Term Adjustments | £55 | This charge is in addition to the inception and renewal charges stated above and any additional premiums due to change in risk |
| Cancellation | £55 | This is in addition to any retained commission below. |
| Commission Retention | Varies | If a policy is cancelled after the 14th day, we will retain the commission earned from the sale of the policy. The amount is dependent on the annual premium and insurer. |
| Duplicate Documents and Cover Notes | £20 | If more than one document is requested at the same time, only one charge will be made. |
| i-kube Young Drivers Car Insurance | ||
| For fees and charges specifically related to i-kube | Please click here | |
| Key Protection | ||
| New policy inception and renewal | No Charge | |
| Changes to existing policies - Mid Term Adjustments | No Charge | |
| Cancellation | No Charge | |
| Duplicate documents and Cover Notes | No Charge | |
| Auxillary Products | (Includes Excess Waiver, Licence Protect, Gadget Protect, Scratch & Dent, Briefcase & Handbag, Pet, Travel and Marine) | |
| New policy inception and renewal | £11 | |
| Changes to existing policies - Mid Term Adjustments | £11 | This charge is in addition to the inception and renewal charges stated above and any additional premiums due to change in risk |
| Cancellations | £0 | |
| Duplicate Documents and Cover Notes | £0 | |
| SME - Business Insurance | ||
| New policy inception and renewal | £40 | This includes any SME business written in other distribution channels (e.g Network) |
| Changes to existing policies - Mid Term Adjustments | £20 | This charge is in addition to the inception and renewal charges stated above and any additional premiums due to change in risk |
| Cancellations | £50 | This is in addition to any retained commission below. |
| Commission Retention | Varies | If a policy is cancelled after the 14th day, we will retain the commission earned from the sale of the policy. The amount is dependent on the annual premium and insurer. |
| Duplicate Documents and Cover Notes | £20 | If more than one document is requested at the same time, only one charge will be made. |
| Other Charges | ||
| Legal | £24 | |
| Payment Charges | ||
| Deposit | Varies | Where payment can not be made in full, we will require a deposit payment. This deposit varies by product. A deposit of 20% is required for our i-kube young drivers scheme, 30% for all other insurance products. |
| Returned Cheque | £20 | |
| Reinstatement of Direct Debit | £20 | |
| Missed Payment | £20 | |
|
Instalment Charges |
Charge | Where payment is not by Direct Debit |
| Payment by 3 instalments - if balance under £750 | £25 per instalment | |
| Payment by 3 instalments - if balance £750 or over | £50 per instalment | |
| Missed Payments | £20 per instalment |
All charges and fees include IPT and VAT where applicable