For more information on why we charge these fees, please click on each fee. Please note, all fees are inclusive of IPT
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Administration fee for Cancellation |
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Up to 14 days from the start date of your policy |
After 14 days of the start date of your policy |
Why we charge it |
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£25 |
£50 |
To cover the costs of administering the cancellation of your policy and notifying third parties, such as the Underwriter or premium finance provider. |
| Policy change fee | ||
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Online |
Offline |
Why we charge it |
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£0 |
£25 |
To cover the costs of administering changes processed by our customer service teams. We won’t collect or refund any amounts under £1 when making amendments or alterations to your policy. |
| Direct debit failure fee | |
|
Close Brothers |
Why we charge it |
|
£25 |
To cover the cost of reapplying for payment after a missed direct debit. |
| Debt collection agencies | |
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Debt collection |
To If your policy is cancelled and you owe any monies relating to either premium, interest charges or administration fees, a debt collection agency may be appointed to recover this debt. |