The UK Defence Club, the specialist FD&D standalone mutual managed by Thomas Miller Defence Ltd, has announced there will be no General Increase for mutual FD&D entries for the 2015/6 policy year.  In addition, the Club has announced it will offer a Continuity Credit (taken as a reduction from the quoted 2015/6 premium) to existing members who renew in 2015/6 as follows:

Members for more than 1 full policy year – 2.5%

3 policy years of membership – 5%

More than 5 years of membership – 7.5%

In addition to the above, where a member places their entire fleet with the UKDC, a further 1.5% Credit will be offered.

For the sake of clarity, please note the above credits are calculated as a reduction from the quoted 2015/6 premium and will be taken in to account after any increases for record.

Please see full details of the Club’s circular here.