Why do I pay a policy fee?

Modified on Tue, 22 May 2018 at 03:07 PM

As our premiums are highly competitive, the commission earned from insurers is not enough to meet the administration and marketing costs involved in running our schemes. This is why we charge a Policy Fee on each individual risk to offset these costs. To make sure that the cost to you isn’t excessive, we continually check our premiums to ensure that they remain market competitive. If for some reason we find this isn’t the case, our premiums and fees are reviewed accordingly.

Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select atleast one of the reasons

Feedback sent

We appreciate your effort and will try to fix the article