a) The premium to be paid on renewal
b) The premium paid for the expiring policy – if there have been MTAs during the period the effect of these must be included with the comparative expiring premium (excluding any admin fees/charges) – i.e. the most recent annualised premium figure
a) "You should check that the level of cover offered by this renewal is appropriate for your needs” and
b) "You may wish to compare the prices and level of cover offered by alternative providers”
“You have been with us for a number of years. You may be able to get the insurance cover you want at a better price if you shop around”.
However, as a user of the Plum Online Portal (POP) we will provide you with the following information to disseminate to your clients:
- The premium to be paid on renewal
- The premium paid for the expiring policy – if there have been MTAs during the period these will be included with the comparative expiring premium (excluding any admin fees/charges) – i.e. the most recent annualised premium figure
- Number of years the policy has renewed with Plum
“You should check that the level of cover offered by this renewal is appropriate for your needs.”
“You may wish to compare the prices and level of cover offered by alternative providers” or “You have been with us for a number of years. You may be able to get the insurance cover you want at a better price if you shop around” (as applicable)
If you have any questions, please get in touch with me using the contact details below.
Alisha Waylen Cert CII
Technical Manager
0345 130 0802 | info@plum-underwriting.com