Insurance policy renewals
This is important details about the renewal of professional
liability insurance for our existing customers. If you’re an
existing customer and want to renew your policy with us, the
process is simple. You will normally receive your renewal documents
about 3 – 4 weeks prior to your renewal date.
We can take your renewal premium over the phone. Even if you
don’t have any details to hand, we can usually find your policy
quickly and easily.
Payment methods
We offer a number of different payment
methods to suit you:
- Credit or debit card payment (excluding Solo and American
Express)
- Annual Direct Debit
- 10 monthly instalments
- Cheque
Important information about your renewal
It is important that we have your correct details so that we can
ensure you have the right cover in place. If your circumstances
change, it is important that you notify us
If your policy is due for renewal, it is especially important
that you notify us of changes to any ‘material facts’. A material
fact is anything that might influence the premium and terms we
offer, or might cause us to decline to offer cover.
Some examples of material facts that
you should notify us of are:
- A significant change in the type of work you do
- An increase in turnover to more than £50,000 (for sole
traders)
- A change of trading status (e.g. becoming a limited
company)
- Any incident that may lead to a claim
- A complaint or disciplinary action from a professional
body
- Leaving membership of a professional body
The above list is not exhaustive, and if you have any doubts as
to whether or not a fact is material, you should notify us anyway,
and we will advise whether or not it affects the premium and terms
of your policy.
Existing customers can also refer to the documents section, which includes policy
wording and summary of cover.