Terms of Business and Initial Disclosure
We are Independent Intermediaries who act on your behalf in arranging Insurance. We are authorised and regulated by the Financial Conduct Authority (FCA) the independent body that regulates financial services, under reference number 305940. It requires us to give you the following information, please use this to decide if our services are suitable to your needs. Our status may be checked with the FCA on their website, www.fca.org.uk/register or by telephone on 0845 6061234.
We represent a number of Insurers transacting general insurance but specialise in arranging Motor Insurance policies with extended foreign use. We will advise and make a recommendation from a range of insurers having assessed your demands and needs.
You will not have to pay a fee for our services other than those outlined in our Terms of Business and quotation summary. Other taxes and costs or both may exist in relation to the products and services offered by us which are not paid through, nor imposed, by us.
Our renumeration is by way of a commission (a percentage of the premium) paid to us by the Insurer.
All premium monies are held by us as agents of an insurer
Payment Of Premium By Bank Transfer
It is IMPERATIVE that payments credited to our bank account have enough information for us to identify the source.
We will NOT accept responsibility for cover not issued or policies lapsed due to our being unable to identify the policy to which the payment relates.
We do not act as claims adjusters but will assist our clients with the insurers claims procedure. We do not recover uninsured losses but providing you have effected an Uninsured Loss Recovery policy through this office we will assist you with their claims procedure. The Terms and Benefits will be outlined in the Uninsured Loss Recovery policy prospectus.
Disclosure of Information by client
It is necessary for you to exercise reasonable care at inception, also throughout the life of the policy and at renewal, to provide honest and accurate information so not to cause misrepresentation. If you do not answer questions correctly your policy may be cancelled or a claim rejected or not fully paid. Please DO consult us if you have any doubts.
If you feel you have cause for complaint about our service, in the first instance please contact Stuart Collins at this office who will be pleased to assist you, alternatively contact the member of staff you were dealing with either verbally or in writing. They will take details of your concerns and we will then acknowledge in writing, advising you of who is dealing with the matter. A copy of our complaints handling procedures is available on request.
Should you not be satisfied with our final response, you may refer your case to the Financial Ombudsman Service, who are an independent body that arbitrates on complaints relating to general insurance. The Financial Ombudsman Service may be contacted on 0800 023 4567. You may register a complaint via the Financial Ombudsman Service website https://www.financial-ombudsman.org.uk. They may also be contacted by writing to Exchange Tower, Harbour Exchange, London, E14 9SR.
Data Protection Notice
We make charges as follows, £65.00 is payable in respect of administration of new business in arranging and issuing a policy, also the renewal. Any work carried out to the policy mid term will incur a fee of £25.00. On cancellation of a motor or breakdown policy we will DEDUCT from any return premium due the sum of 35% (return premiums are not allowed by an insurer once the policy has been the subject of a total loss claim)
You have the right to cancel your policy during a period of 14 days after the later of either the day of purchase of the contract or the day on which you receive your policy documentation. If you wish to do so and the insurance cover has not yet commenced, you will be entitled to a full refund of the premium paid. Alternatively, if you wish to do so and the insurance cover has already commenced you will be entitled to a refund of the premium paid subject to a deduction for the time for which you have been covered. This will be calculated on a pro-rata basis for the period in which you received cover and will include an additional charge to cover the administrative cost of providing the policy. The administration charge and Legal Expenses premiums are non-refundable. On cancellation of a breakdown policy, no deduction will be made from the premium until the policy has been live for 14 days, at which point there will be a pro-rata return of premium, less 35%.
To exercise your right to cancel your policy, please contact us and we will advise the documentation required to cancel (In the case of a motor policy we will require confirmation in writing of the date and time that cover is to cease).
Choice of Law
The law of England and Wales will apply unless you and the Insurer agree otherwise.
Telephone calls may be recorded or monitored