Following on from their recent meeting, the UK P&I Club’s Board has decided that for 2018 policy year:

  • no General Increase will be sought from their Members
  • standard deductible level will remain unchanged
  • the release call will be set at 10% of mutual premium

As per previous years, the cost of the GXL programme will be passed on to Members directly. Notwithstanding the above, the Club will be reviewing each Member’s record individually to adjust premium and/or deductible as necessary

With reference to the open years, release calls have been updated as follows:

2015 and 2016: Nil

2017:5%

Full details of the Club’s position is available in their latest Circular

 

 

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