UK Defence Club announces 2016 General Increase
The UK Defence Club, managed by Thomas Miller, has announced a nil General Increase for 2016. The UK Defence Club is a specialist mutual solely providing FD&D cover for their members on a standalone basis.
In addition, the Club is offering for the second year, a Continuity Credit (taken as a reduction from the quoted 2016/7 premium) to existing members who renew in 2016/7 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 2016/7 premium and will be taken in to account after any increases for record.
The full Circular can be found here or on the Club’s website.