Our flexible approach doesn’t stop at underwriting; you can choose how to pay for your policies as well.
You can pay for them individually, as and when they are ordered, or if you prefer, you can opt to set up an account and pay for your policies on a monthly basis. Whichever option you go for, you can then decide whether to pay via bank transfer (using the Faster Payment or CHAPS service) or by cheque.
This convenient, easy to arrange payment option is designed for firms ordering multiple policies each month. Throughout each month, we will keep a record of all the policies your firm orders. At the end of each month, we will send you a statement listing all the policies you’ve ordered showing the amount you are due to pay. You simply then send us one single payment which covers them all.
One of the key benefits of paying this way is that you receive your policies much faster. As we don’t have to wait to receive payment, policy documents are issued as soon as you place your order.
This payment option is best suited to firms who usually require only a small number of legal indemnity policies each month (e.g. three or four), and prefer to pay for each policy on an individual basis.
Whether you have a monthly account arrangement or prefer to pay for policies individually, you can also choose to pay by cheque or via bank transfer (Faster Payment/CHAPS).
If you are paying for policies on an individual basis, paying by bank transfer means that you will receive your documents much faster as the payment tends to reach us much faster too.