Common use of Money Clause in Contracts

Money. We will hold money that you pay to us in accordance with the regulators rules or under a risk transfer agreement with insurers. This will include holding your money in one of the following ways. A statutory trust client bank account that only allows us to use the money held in trust on behalf of a customer for paying that customer’s premium to an insurance company and to pay premium refunds or claims we receive form that insurance company to the customer, once the premium has been received from that insurance company. We cannot use that customer’s money to pay another customer’s premium or refund. Also for this reason it is not possible for you to offset the refund against premiums owed on another policy. We do not pay any interest on premiums held by us in the course of arranging and administering your insurance unless, in the case of consumer transactions we receive more than £20 per transaction, and then we will ask for your permission to retain the interest. Unless you tell us otherwise, you are consenting to us holding your money in this way. A non-statutory trust insurer bank account in accordance with our agreements with Insurance Companies that transfer the risk of money we receive from customers to them, these agreements deem any money you pay to us, to be received by them and they will bear the risk of any losses in the event that our firm becomes insolvent. This includes claims money or premium refunds we receive prior to being paid to you. By holding your money in one of these ways means that in the event that this firm becomes insolvent your money remains protected. In arranging your insurance we may employ the services of other intermediaries who are regulated by the FCA and your premium may be passed to these intermediaries for payment to insurers. These firms are also required to hold clients’ money in a separate trust account. We will also inform you if at any time we are required to pass your premium to firms that operate outside the UK where the protection may be different. Should you not wish us to pass premiums to a firm outside of the UK, please inform us. We will provide you will full details of all the payment options available to you when we provide you with your insurance premium. If you choose to enter into a finance arrangement, your details will be passed to a third party (insurer or lender) to enable them to contact you and you should contact us at the address given in this document if you do not want your details passed to that party. This finance agreement will be subject to interest charges that we will confirm to you when providing the full details. Importantly, the arrangement you will enter into will be with the finance company not us. It is an entirely separate contract irrespective of the insurance contract. In the event of your failure to meet with the contractual obligations regarding payment the finance provider could approach the insurer to seek a termination of the insurance contract to recoup their outstanding finance arrears. You will be liable to pay their costs and charges if you do not keep up your repayments and cover is cancelled under your policy. This is because the agreement is between you, the policyholder and the finance company direct, not us or the insurer. If you are a consumer as defined under the Consumer Credit Act, you will have the benefit of a 14 day cooling off period.

Money. We will hold money that you pay to us in accordance with the regulators rules or under a risk transfer agreement with insurers. This will include holding your money in one of the following ways. A statutory trust client bank account that only allows us to use the money held in trust on behalf of a customer for paying that customer’s premium to an insurance company and to pay premium refunds or claims we receive form that insurance company to the customer, once the premium has been received from that insurance company. We cannot use that customer’s money to pay another customer’s premium or refund. Also for this reason it is not possible for you to offset the refund against premiums owed on another policy. We do not pay any interest on premiums held by us in the course of arranging and administering your insurance unless, in the case of consumer transactions we receive more than £20 per transaction, and then we will ask for your permission to retain the interest. Unless you tell us otherwise, you are consenting to us holding your you money in this way. A non-statutory trust insurer bank account in accordance with our agreements with Insurance Companies that transfer the risk of money we receive from customers to them, these agreements deem any money you pay to us, to be received by them and they will bear the risk of any losses in the event that our firm becomes insolvent. This includes claims money or premium refunds we receive prior to being paid to you. By holding your money in one of these ways means that in the event that this firm becomes insolvent your money remains protected. In arranging your insurance we may employ the services of other intermediaries who are regulated by the FCA and your premium may be passed to these intermediaries for payment to insurers. These firms are also required to hold clients’ money in a separate trust account. We will also inform you if at any time we are required to pass your premium to firms that operate outside the UK where the protection may be different. Should you not wish us to pass premiums to a firm outside of the UK, please inform us. We will provide you will full details of all the payment options available to you when we provide you with your insurance premium. If you choose to enter into a finance arrangement, your details will be passed to a third party (insurer or lender) to enable them to contact you and you should contact us at the address given in this document if you do not want your details passed to that party. This finance agreement will be subject to interest charges that we will confirm to you when providing the full details. Importantly, the arrangement you will enter into will be with the finance company not us. It is an entirely separate contract irrespective of the insurance contract. In the event of your failure to meet with the contractual obligations regarding payment the finance provider could approach the insurer to seek a termination of the insurance contract to recoup their outstanding finance arrears. You will be liable to pay their costs and charges if you do not keep up your repayments and cover is cancelled under your policy. This is because the agreement is between you, the policyholder and the finance company direct, not us or the insurer. If you are a consumer as defined under the Consumer Credit Act, you will have the benefit of a 14 day cooling off period.

Money. We will hold money that you pay to us in accordance with the regulators rules or under a risk transfer agreement with insurers. This will include holding your money in one of the following ways. A statutory trust client bank account that only allows us to use the money held in trust on behalf of a customer for paying that customer’s premium to an insurance company and to pay premium refunds or claims we receive form that insurance company to the customer, once the premium has been received from that insurance company. We cannot use that customer’s money to pay another customer’s premium or refund. Also for this reason it is not possible for you to offset the refund against premiums owed on another policy. We do not pay any interest on premiums held by us in the course of arranging and administering your insurance unless, in the case of consumer transactions we receive more than £20 per transaction, and then we will ask for your permission to retain the interest. Unless you tell us otherwise, you are consenting to us holding your money in this way. A non-statutory trust insurer bank account in accordance with our agreements with Insurance Companies that transfer the risk of money we receive from customers to them, these agreements deem any money you pay to us, to be received by them and they will bear the risk of any losses in the event that our firm becomes insolvent. This includes claims money or premium refunds we receive prior to being paid to you. By holding your money in one of these ways ways, means that in the event that this firm becomes insolvent your money remains remain protected. In arranging your insurance we may employ the services of other intermediaries who are regulated by the FCA and your premium may be passed to these intermediaries for payment to insurers. These firms are also required to hold clients’ ' money in a separate trust account. We will also inform you if at any time we are required to pass your premium to firms that operate outside the UK where the protection may be different. Should you not wish us to pass premiums to a firm outside of the UK, please inform us. We will provide you will with full details of all the payment options available to you when we provide you with your insurance premium. If you choose We may be able to enter into a arrange finance arrangement, your details will be passed to a third party (for insurance instalments through the insurer or lender) to enable them to contact through a preferred premium finance provider. We act as a credit broker in arranging premium finance facilities and we will give you and further information about this before we finalise your instalment arrangements. When we are aware there is an alternative premium finance arrangement available, with a lower annual percentage rate, for example direct with your insurer, we will let you should contact us at the address given in this document if you do not want your details passed to that partyknow. This finance agreement will be subject enable you to interest charges that make an informed decision. We will not make a specific recommendation or provide you with specific advice, we will confirm give you the relevant information you require, honestly, fairly and professionally and in a way that is in your best interests this may include information about one or more agreements that you may be eligible for, so that you can compare them, which will enable you to you when providing the full details. Importantly, the arrangement you will enter into will be make your own choice about whether to go ahead with the any particular finance company not us. It is an entirely separate contract irrespective of the insurance contract. In the event of your failure to meet with the contractual obligations regarding payment the finance provider could approach the insurer to seek a termination of the insurance contract to recoup their outstanding finance arrears. You will be liable to pay their costs and charges if you do not keep up your repayments and cover is cancelled under your policy. This is because the agreement is between you, the policyholder and the finance company direct, not us or the insurer. If you are a consumer as defined under the Consumer Credit Act, you will have the benefit of a 14 day cooling off periodagreement.

Money. We will hold money that you pay to us in accordance with the regulators regulator’s rules or under a risk transfer agreement with insurers. This will include holding your money in one of the following waysway. A statutory trust client bank account that only allows us to use the money held in trust on behalf of a customer for paying that customer’s customers’ premium to an insurance company and to pay premium refunds or claims we receive form from that insurance company to the customer, once the premium has been received from that insurance company. We cannot use that customer’s money to pay another customer’s premium or refund. Also Also, for this reason it is not possible for you to offset the refund against premiums owed on another policy. We do not pay any interest on premiums held by us in the course of arranging and administering your insurance insurance, unless, in the case of consumer transactions we receive more than £20 per transaction, and then we will ask for your permission to retain the interest. Unless you tell us otherwise, you are consenting to us holding your money in this way. A non-statutory trust insurer bank account in accordance with our agreements with Insurance Companies that transfer the risk of money we receive from customers to them, these agreements deem any money you pay to us, to be received by them and they will bear the risk of any losses in the event that our firm becomes insolvent. This includes claims money or premium refunds we receive prior to being paid to you. By holding your money in one of these ways means that in the event that this firm becomes insolvent your money remains protected. In arranging your insurance insurance, we may employ the services of other intermediaries who are regulated by the FCA and your premium may be passed to these intermediaries for payment to insurers. These firms are also required to hold clients’ money in a separate trust account. We will also inform you if at any time we are required to pass your premium to firms that operate outside the UK where the protection may be different. Should you not wish us to pass premiums to a firm outside of the UK, please inform us. We will provide you will with full details of all the payment options available to you when we provide you with your insurance premium. If you choose to enter into a finance arrangement, your details will be passed to a third party (insurer or lender) to enable them to contact you and you should contact us at the address given in this document if you do not want your details passed to that party. This finance agreement will be subject to interest charges that we will confirm to you when providing the full details. Importantly, the arrangement you will enter into will be with the finance company company, not usD2. It is an entirely separate contract irrespective of the insurance contract. In the event of your failure to meet with the contractual obligations regarding payment the finance provider could approach the insurer to seek a termination of the insurance contract to recoup their outstanding finance arrears. You will be liable to pay their costs and charges if you do not keep up your repayments and cover is cancelled under your policy. This is because the agreement is between you, the policyholder and the finance company direct, not us D2 or the insurer. If you are a consumer as defined under the Consumer Credit Act, you will have the benefit of a 14 day cooling off period.

Money. We will hold money that you pay to us in accordance with the regulators regulator’s rules or under a risk transfer agreement with insurers. This will include holding your money in one of the following ways. A statutory trust client bank account that only allows us to use the money held in trust on behalf of a customer for paying that customer’s customers’ premium to an insurance company and to pay premium refunds or claims we receive form from that insurance company to the customer, once the premium has been received from that insurance company. We cannot use that customer’s money to pay another customer’s customers premium or refund. Also Also, for this reason it is not possible for you to offset the refund against premiums owed on another policy. We do not pay any interest on premiums held by us in the course of arranging and administering your insurance insurance, unless, in the case of consumer transactions we receive more than £20 per transaction, and then we will ask for your permission to retain the interest. Unless you tell us otherwise, you are consenting to us holding your money in this way. A non-statutory trust insurer bank account in accordance with our agreements with Insurance Companies that transfer the risk of money we receive from customers to them, these agreements deem any money you pay to us, to be received by them and they will bear the risk of any losses in the event that our firm becomes insolvent. This includes claims money or premium refunds we receive prior to being paid to you. By holding your money in one of these ways means that in the event that this firm becomes insolvent your money remains protected. In arranging your insurance insurance, we may employ the services of other intermediaries who are regulated by the FCA and your premium may be passed to these intermediaries for payment to insurers. These firms are also required to hold clients’ money in a separate trust account. We will also inform you if at any time we are required to pass your premium to firms that operate outside the UK where the protection may be different. Should you not wish us to pass premiums to a firm outside of the UK, please inform us. We will provide you will with full details of all the payment options available to you when we provide you with your insurance premium. If you choose to enter into in a finance arrangement, your details will be passed to a third party (insurer or lender) to enable them to contact you and you should contact us at the address given in this document if you do not want your details passed to that party. This finance agreement will be subject to interest charges that we will confirm to you when providing the full details. Importantly, the arrangement you will enter into will be with the finance company not us. It is an entirely separate contract irrespective of the insurance contract. In the event of your failure to meet with the contractual obligations regarding payment the finance provider could approach the insurer to seek a termination of the insurance contract to recoup their outstanding finance arrears. You will be liable to pay their costs and charges if you do not keep up your repayments and cover is cancelled under your policy. This is because the agreement is between you, the policyholder and the finance company direct, not us or the insurer. If Please note that we only use Close Premium Finance for the provision of premium finance facilities. It is important you are a consumer as defined under read the Consumer Credit Act, finance agreement that is sent to you will have the benefit of a 14 day cooling off period.before you enter into any such agreement‌

Money. We will hold money that you pay to us in accordance with the regulators rules or and under a risk transfer agreement with insurersinsurers involved. This will include involves holding your money in one of the following ways. A statutory trust client bank account that only allows us to use the money held in trust on behalf of a customer for paying that customer’s premium to an insurance company and to pay premium refunds or claims we receive form that insurance company to the customer, once the premium has been received from that insurance company. We cannot use that customer’s money to pay another customer’s premium or refund. Also for this reason it is not possible for you to offset the refund against premiums owed on another policy. We do not pay any interest on premiums held by us in the course of arranging and administering your insurance unless, in the case of consumer transactions we receive more than £20 per transaction, and then we will ask for your permission to retain the interest. Unless you tell us otherwise, you are consenting to us holding your money in this way. : A non-statutory trust insurer bank account in accordance with our agreements with Insurance Companies that transfer the risk of money we receive from customers to them, these agreements deem any money you pay to us, to be received by them and they will bear the risk of any losses in the event that our firm becomes insolvent. This includes claims money or premium refunds we receive prior to being paid to you. By holding your money in one of these ways this way, means that in the event that this firm becomes insolvent your money remains protected. In arranging your insurance we may employ the services of other intermediaries who are regulated by the FCA and your premium may be passed to these intermediaries for payment to insurers. These firms are also required to hold clients’ money in a separate trust account. We will also inform you if at any time we are required to pass your premium to firms that operate outside the UK where the protection may be different. Should you not wish us to pass premiums to a firm outside of the UK, please inform us. We Your premium detailed in the policy will provide you will full details include IPT at the prevailing rate. Should the rate of all IPT be amended by the payment options available to you when we provide you with your insurance premium. If you choose to enter into a finance arrangementGovernment, your details premium will be passed to a third party (insurer or lender) to enable them to contact you and you should contact us at the address given in this document if you do not want your details passed to that party. This finance agreement will be subject to interest charges that we will confirm to you when providing the full details. Importantly, the arrangement you will enter into will be with the finance company not us. It is an entirely separate contract irrespective of the insurance contract. In the event of your failure to meet with the contractual obligations regarding payment the finance provider could approach amended by the insurer to seek reflect the change. We usually receive a termination commission from the insurance provider with whom we place your business, and this is expressed as a percentage of the insurance contract to recoup their outstanding finance arrears. You premium you pay and in such a case, the commission will be liable paid to pay their costs and charges us either when we are in receipt of cleared funds from you (or the premium finance company, if you do not keep up your repayments and cover is cancelled one has been used) or, when the insurer has received cleared funds from us in respect of the premium due under your policy. This The individual agreements we have with each insurer will determine which of the two methods above is because used to make this transfer of commission. We also receive commission for arranging finance agreements for the payment of insurance premiums and this is usually expressed as a percentage of the individual loan and is paid to us directly by the premium finance provider. Our level of commission is not linked to the interest rate on the agreement is between youbut the amount of commission we receive does vary depending on which finance agreement you chose to enter in to. We may also receive a commission or fee for passing introductions to other professional firms. In addition, we may also charge you a fee for arranging your insurance and full details will be provided to you at outset. You are entitled to request at any time, information about the policyholder and the commissions that we may have received about your insurance or premium finance company directagreement, not us or the insurerif you want this information, please contact us. If you are a consumer as defined under the Consumer Credit Act, you will have the benefit of a 14 day cooling off period.TOBA (Version 1011 12/23)

Money. We will hold money that you pay to us in accordance with the regulators regulator’s rules or under a risk transfer agreement with insurers. This will include holding your money in one of the following ways. A statutory trust client bank account that only allows us to use the money held in trust on behalf of a customer for paying that customer’s customers’ premium to an insurance company and to pay premium refunds or claims we receive form from that insurance company to the customer, once the premium has been received from that insurance company. We cannot use that customer’s money to pay another customer’s other customers premium or refund. Also for this reason it is not possible for you to offset the refund against premiums owed on another policy. We do not pay any interest on premiums held by us in the course of arranging and administering your insurance insurance, unless, in the case of consumer transactions we receive more than £20 per transaction, and then we will ask for your permission to retain the interest. Unless you tell us otherwise, you are consenting to us holding your money in this way. A non-statutory trust insurer bank account in accordance with our agreements with Insurance Companies that transfer the risk of money we receive from customers to them, these agreements deem any money you pay to us, to be received by them and they will bear the risk of any losses in the event that our firm becomes insolvent. This includes claims money or premium refunds we receive prior to being paid to you. By holding your money in one of these ways means that in the event that this firm becomes insolvent your money remains protected. In arranging your insurance insurance, we may employ the services of other intermediaries who are regulated by the FCA and your premium may be passed to these intermediaries for payment to insurers. These firms are also required to hold clients’ money in a separate trust account. We will also inform you if at any time we are required to pass your premium to firms that operate outside the UK where the protection may be different. Should you not wish us to pass premiums to a firm outside of the UK, please inform us. We Your premium detailed in the policy will provide you will full details include IPT at the prevailing rate. Should the rate of all IPT be amended by the payment options available to you when we provide you with your insurance premium. If you choose to enter into a finance arrangementGovernment, your details premium will be passed to a third party (insurer or lender) to enable them to contact you and you should contact us at the address given in this document if you do not want your details passed to that party. This finance agreement will be subject to interest charges that we will confirm to you when providing the full details. Importantly, the arrangement you will enter into will be with the finance company not us. It is an entirely separate contract irrespective of the insurance contract. In the event of your failure to meet with the contractual obligations regarding payment the finance provider could approach amended by the insurer to seek reflect the change. We usually receive a termination commission from the insurance provider with whom we place your business, and this is expressed as a percentage of the insurance contract to recoup their outstanding finance arrears. You premium you pay and in such a case, the commission will be liable paid to pay their costs and charges us either when we are in receipt of cleared funds from you (or the premium finance company, if you do not keep up your repayments and cover is cancelled one has been used) or, when the insurer has received cleared funds from us in respect of the premium due under your policy. This The individual agreements we have with each insurer will determine which of the two methods above is because used to make this transfer of commission. Using premium finance makes the agreement is between you, overall cost of the policyholder insurance more expensive. A full breakdown of the cost of your insurance and the finance company direct, not us cost of credit will be provided as part of your new business or the insurerrenewal quotation before you make a decision whether to proceed. If we charge you are a consumer as defined under fee for arranging your insurance full details will be provided to you at the Consumer Credit Act, you will have the benefit of outset but we do not routinely charge a 14 day cooling off periodfee.

Money. You must pay any premiums within the agreed time limits as notified to you. The payment must be made without deduction of any kind whatsoever. Failure to abide by this clause may result in the cancellation of the policy, and may result in your becoming liable to pay interest, as well as our costs and charges in respect of any consequential work notwithstanding that this may be of an administrative nature. We will hold money that you pay us or for payment to us you, in accordance with the regulators regulator’s rules or under a risk transfer agreement with insurers. This will include holding your money in one of the following ways. A a non-statutory trust client bank account that only allows us to use the money held in trust on behalf of a one customer for paying to pay another customers premium before we receive it from that customer’s premium to an insurance company customer and to pay premium refunds or claims before we receive form that insurance company to payment from Insurance Companies. This is a standard practice within the customer, once the premium has been received from that insurance company. We Insurance Industry and we cannot use that customer’s your money to pay another customer’s premium or refund. Also for this reason it is not possible for you to offset the refund against premiums owed on another policyany other purpose. We do not pay any interest on premiums held by us in the course of arranging and administering your insurance insurance, unless, in the case of consumer transactions we receive more than £20 per transaction, and then we will ask for your permission to retain the interest. Unless you tell us otherwise, you are consenting to us holding your money in this way. A non-statutory trust insurer bank account in accordance with our agreements with Insurance Companies that transfer the risk of money we receive from customers to them, these agreements deem any money you pay to us, to be received by them and they will bear the risk of any losses in the event that our firm becomes insolvent. This includes claims money or premium refunds we receive prior to being paid to you. By holding your money in one of these ways this way, means that in the event that this firm becomes insolvent your money remains protected. In arranging your insurance we may employ the services of other intermediaries who are regulated by the FCA and your premium may be passed to these intermediaries for payment to insurers. These firms are also required to hold clients’ money in a separate trust account. We will also inform you if at any time we are required to pass your premium to firms that operate outside the UK where the protection may be different. Should you not wish us to pass premiums to a firm outside of the UK, please inform us. We will provide you will with full details of all the payment options available to you when we provide you with your insurance premium. If you choose to enter into in a finance arrangement, your details will be passed to a third party (insurer or lender) to enable them to contact you and you should contact us at the address given in this document if you do not want your details passed to that party. This finance agreement will be subject to interest charges that we will confirm to you when providing the full details. Importantly, the arrangement you will enter into will be with the finance company not us. It is an entirely separate contract irrespective of the insurance contract. In the event of your failure to meet with the contractual obligations regarding payment the finance provider could approach the insurer to seek a termination of the insurance contract to recoup their outstanding finance arrears. You will be liable to pay their costs and charges if you do not keep up your repayments and cover is cancelled under your policy. This is because the agreement is between you, the policyholder and the finance company direct, not us or the insurer. If Please note that we only use one company for the provision of premium finance facilities and that your policy cover will cease if you are a consumer as defined under the Consumer Credit Act, you will have the benefit of a 14 day cooling off periodfail to keep up payments on an instalment agreement or premium finance facility related to it.

Money. We will hold money that you pay to us in accordance with the regulators rules or under a risk transfer agreement with insurers. This will include holding your money in one of the following ways. A statutory trust client bank account that only allows us to use the money held in trust on behalf of a customer for paying that customer’s premium to an insurance company and to pay premium refunds or claims we receive form that insurance company to the customer, once the premium has been received from that insurance company. We cannot use that customer’s money to pay another customer’s premium or refund. Also for this reason it is not possible for you to offset the refund against premiums owed on another policy. We do not pay any interest on premiums held by us in the course of arranging and administering your insurance unless, in the case of consumer transactions we receive more than £20 per transaction, and then we will ask for your permission to retain the interest. Unless you tell us otherwise, you are consenting to us holding your money in this way. A non-statutory trust insurer bank account in accordance with our agreements with Insurance Companies that transfer the risk of money we receive from customers to them, these . These agreements deem any money you pay to us, us to be received by them and they will bear the risk of any losses in the event that our firm becomes insolvent. This includes claims money or premium refunds we receive prior to being paid to you. By holding your money in one of these ways means that in the event that this firm becomes insolvent your money remains protected. In arranging your insurance we may employ the services of other intermediaries who are regulated by the FCA and your premium may be passed to these intermediaries for payment to insurers. These firms are also required to hold clients’ money in a separate trust account. We will also inform you if at any time we are required to pass your premium to firms that operate outside the UK where the protection may be different. Should you not wish us to pass premiums to a firm outside of the UK, please inform us. We normally accept payment by BACS, cheque or by debit card. You may be able to spread your payments through insurers’ instalment schemes. We will provide give you will full details of all the information about your payment options available to you when we provide you with discuss your insurance premiumin detail. If you choose to enter into in a finance arrangement, your details will be passed to a third party (insurer or lender) to enable them to contact you and you should contact us at the address given in this document if you do not want your details passed to that party. This finance agreement will arrangement may be subject to interest charges that we will confirm to you when providing the full detailsyou. Importantly, the arrangement you will enter into will be with the finance company not us. It is an entirely separate contract irrespective of the insurance contract. In the event of your failure to meet with the contractual obligations regarding payment the finance provider could approach the insurer to seek a termination of the insurance contract to recoup their outstanding finance arrears. You will be liable to pay their costs and charges if you do not keep up your repayments and cover is cancelled under your policy. This is because the agreement is between you, the policyholder and the finance company direct, not us or the insurer. If you are a consumer as defined under the Consumer Credit Act, you will have the benefit of a 14 day cooling off period.

Money. We will hold money that you pay to us in accordance with the regulators rules or under a risk transfer agreement with insurers. This will include holding your money in one of the following waysway. A statutory trust client bank account that only allows us to use the money held in trust on behalf of a customer for paying that customer’s customers’ premium to an insurance company and to pay premium refunds or claims we receive form from that insurance company to the customer, once the premium has been received from that insurance company. We cannot use that customer’s money to pay another customer’s customers premium or refund. Also for this reason it is not possible for you to offset the refund against premiums owed on another policy. We do not pay any interest on premiums held by us in the course of arranging and administering your insurance insurance, unless, in the case of consumer transactions we receive more than £20 per transaction, and then we will ask for your permission to retain the interest. Unless you tell us otherwise, you are consenting to us holding your money in this way. A non-statutory trust insurer bank account in accordance with our agreements with Insurance Companies that transfer the risk of money we receive from customers to them, these agreements deem any money you pay to us, to be received by them and they will bear the risk of any losses in the event that our firm becomes insolvent. This includes claims money or premium refunds we receive prior to being paid to you. By holding your money in one of these ways means that in the event that this firm becomes insolvent your money remains protected. In arranging your insurance we may employ the services of other intermediaries who are regulated by the FCA and your premium may be passed to these intermediaries for payment to insurers. These firms are also required to hold clients’ money in a separate trust account. We will also inform you if at any time we are required to pass your premium to firms that operate outside the UK where the protection may be different. Should you not wish us to pass premiums to a firm outside of the UK, please inform us. We will provide you will with full details of all the payment options available to you when we provide you with your insurance premium. If you choose to enter into in a finance arrangement, your details will be passed to a third party (insurer or lender) to enable them to contact you and you should contact us at the address given in this document if you do not want your details passed to that party. This finance agreement will be subject to interest charges that we will confirm to you when providing the full details. Importantly, the arrangement you will enter into will be with the finance company not us. It is an entirely separate contract irrespective of the insurance contract. In the event of your failure to meet with the contractual obligations regarding payment the finance provider could approach the insurer to seek a termination of the insurance contract to recoup their outstanding finance arrears. You will be liable to pay their costs and charges if you do not keep up your repayments and cover is cancelled under your policy. This is because the agreement is between you, the policyholder and the finance company direct, not us or the insurer. If you are a consumer as defined under the Consumer Credit Act, you will have the benefit of a 14 day cooling off period.

Money. You must pay any premiums within the agreed time limits as notified to you. The payment must be made without deduction of any kind whatsoever. Failure to abide by this clause may result in the cancellation of the policy, and may result in your becoming liable to pay interest, as well as our costs and charges in respect of any consequential work notwithstanding that this may be of an administrative nature. We will hold money that you pay us or for payment to us you, in accordance with the regulators regulator’s rules or under a risk transfer agreement with insurers. This will include holding your money in one of the following ways. A a non-statutory trust client bank account that only allows us to use the money held in trust on behalf of a one customer for paying to pay another customers premium before we receive it from that customer’s premium to an insurance company customer and to pay premium refunds or claims before we receive form that insurance company to payment from Insurance Companies. This is a standard practice within the customer, once the premium has been received from that insurance company. We Insurance Industry and we cannot use that customer’s your money to pay another customer’s premium or refund. Also for this reason it is not possible for you to offset the refund against premiums owed on another policyany other purpose. We do not pay any interest on premiums held by us in the course of arranging and administering your insurance insurance, unless, in the case of consumer transactions we receive more than £20 per transaction, and then we will ask for your permission to retain the interest. Unless you tell us otherwise, you are consenting to us holding your money in this way. A non-statutory trust insurer bank account in accordance with our agreements with Insurance Companies that transfer the risk of money we receive from customers to them, these agreements deem any money you pay to us, to be received by them and they will bear the risk of any losses in the event that our firm becomes insolvent. This includes claims money or premium refunds we receive prior to being paid to you. By holding your money in one of these ways this way, means that in the event that this firm becomes insolvent your money remains protected. In arranging your insurance insurance, we may employ the services of other intermediaries who are regulated by the FCA and your premium may be passed to these intermediaries for payment to insurers. These firms are also required to hold clients’ money in a separate trust account. We will also inform you if at any time we are required to pass your premium to firms that operate outside the UK where the protection may be different. Should you not wish us to pass premiums to a firm outside of the UK, please inform us. We will provide you will with full details of all the payment options available to you when we provide you with your insurance premium. If you choose to enter into in a finance arrangement, your details will be passed to a third party (insurer or lender) to enable them to contact you and you should contact us at the address given in this document if you do not want your details passed to that party. This finance agreement will be subject to interest charges that we will confirm to you when providing the full details. Importantly, the arrangement you will enter into will be with the finance company not us. It is an entirely separate contract irrespective of the insurance contract. In the event of your failure to meet with the contractual obligations regarding payment the finance provider could approach the insurer to seek a termination of the insurance contract to recoup their outstanding finance arrears. You will be liable to pay their costs and charges if you do not keep up your repayments and cover is cancelled under your policy. This is because the agreement is between you, the policyholder and the finance company direct, not us or the insurer. If Please note that we only use one company for the provision of premium finance facilities and that your policy cover will cease if you are a consumer as defined under the Consumer Credit Act, you will have the benefit of a 14 day cooling off periodfail to keep up payments on an instalment agreement or premium finance facility related to it.

Money. We will hold money that you pay to us in accordance with the regulators regulator’s rules or under a risk transfer agreement with insurers. This will include holding your money in one of the following ways. A statutory trust client bank account that only allows us to use the money held in trust on behalf of a customer for paying that customer’s customers’ premium to an insurance company and to pay premium refunds or claims we receive form from that insurance company to the customer, once the premium has been received from that insurance company. We cannot use that customer’s money to pay another customer’s customers premium or refund. Also Also, for this reason it is not possible for you to offset the refund against premiums owed on another policy. We do not pay any interest on premiums held by us in the course of arranging and administering your insurance insurance, unless, in the case of consumer transactions we receive more than £20 per transaction, and then we will ask for your permission to retain the interest. Unless you tell us otherwise, you are consenting to us holding your money in this way. A non-statutory trust insurer bank account in accordance with our agreements with Insurance Companies that transfer the risk of money we receive from customers to them, these agreements deem any money you pay to us, to be received by them and they will bear the risk of any losses in the event that our firm becomes insolvent. This includes claims money or premium refunds we receive prior to being paid to you. By holding your money in one of these ways means that in the event that this firm becomes insolvent your money remains protected. In arranging your insurance insurance, we may employ the services of other intermediaries who are regulated by the FCA and your premium may be passed to these intermediaries for payment to insurers. These firms are also required to hold clients’ money in a separate trust account. We will also inform you if at any time we are required to pass your premium to firms that operate outside the UK where the protection may be different. Should you not wish us to pass premiums to a firm outside of the UK, please inform us. We will provide you will with full details of all the payment options available to you when we provide you with your insurance premium. If you choose to enter into in a finance arrangement, your details will be passed to a third party (insurer or lender) to enable them to contact you and you should contact us at the address given in this document if you do not want your details passed to that party. This finance agreement will be subject to interest charges that we will confirm to you when providing the full details. Importantly, the arrangement you will enter into will be with the finance company not us. It is an entirely separate contract irrespective of the insurance contract. In the event of your failure to meet with the contractual obligations regarding payment the finance provider could approach the insurer to seek a termination of the insurance contract to recoup their outstanding finance arrears. You will be liable to pay their costs and charges if you do not keep up your repayments and cover is cancelled under your policy. This is because the agreement is between you, the policyholder and the finance company direct, not us or the insurer. If you are a consumer as defined under the Consumer Credit Act, you will have the benefit of a 14 day cooling off period.

Money. We will hold money that you pay to us in accordance with the regulators rules or under a risk transfer agreement with insurers. This will include holding your money in one of the following ways. A non-statutory trust client bank account that only allows us to use the money held in trust on behalf of a one customer for paying to pay another customer premium before we receive it from that customer’s premium to an insurance company customer and to pay premium refunds or claims before we receive form that insurance company to payment from Insurance Companies. This is a standard practice within the customer, once the premium has been received from that insurance company. We Insurance Industry and we cannot use that customer’s your money to pay another customer’s premium or refund. Also for this reason it is not possible for you to offset the refund against premiums owed on another policyany other purpose. We do not pay any interest on premiums held by us in the course of during arranging and administering your insurance insurance, unless, in the case of consumer transactions we receive more than £20 per transaction, and then we will ask for your permission to retain the interest. Unless you tell us otherwise, you are consenting to us holding your money in this way. A non-statutory An insurer trust insurer bank account in accordance with our agreements with Insurance Companies that transfer the risk of money we receive from customers to them, these agreements deem any money you pay to us, to be received by them and they will bear the risk of any losses in the event that if our firm becomes insolvent. This includes claims money or premium refunds we receive prior to being paid to you. By holding your money in one of these ways way(s), means that in the event that if this firm becomes insolvent your money remains protected. In arranging your insurance insurance, we may employ the services of other intermediaries who are regulated by the FCA and your premium may be passed to these intermediaries for payment to insurers. These firms are also required to hold clients’ ' money in a separate trust account. We will also inform you if at any time we are required to pass your premium to firms that operate outside the UK where the protection may be different. Should you not wish us to pass premiums to a firm outside of the UK, please inform us. We will provide you will with full details of all the payment options available to you when we provide you with your insurance premium. If you choose to enter into in a finance arrangement, your details will be passed to a third party (insurer or lender) to enable them to contact you and you should contact us at the address given in this document if you do not want your details passed to that party. This finance agreement will be subject to interest charges that we will confirm to you when providing the full detailsa Regulated Consumer Credit Agreement. Importantly, the arrangement you will enter into will be with the finance company not us. We are a credit broker not a lender. It is an entirely separate contract irrespective of the insurance contract. In the event of your failure to meet with the contractual obligations regarding payment it is possible that the finance provider could approach approaches the insurer to seek a termination of the insurance contract to recoup their outstanding finance arrears. You will be liable to pay their costs and charges if you do not keep up your repayments and cover is cancelled under your policy. This is because the agreement is between you, the policyholder policyholder, and the finance company direct, not us or the insurer. If Full details will be provided to you are a consumer as defined under the Consumer Credit Act, you will have the benefit part of a 14 day cooling off periodour Sales Process.