We recognise that some of our clients may currently find themselves in financial difficulty due to the effects of the coronavirus pandemic and subsequent ‘lockdown’.
The Financial Conduct Authority (FCA) has recently published a series of temporary measures to help those customers who hold insurance and premium finance products and are currently unable to meet their premium payment obligations.
There are a variety of ways in which your insurer or premium credit provider may be able to assist you in these difficult times and help to alleviate any financial difficulty you currently have in terms of paying your insurance premiums.
For more information, visit the FCA website: https://www.fca.org.uk
If you are experiencing any temporary financial difficulties in meeting premium payment obligations arising from the impact of the coronavirus pandemic, it is important that you contact us or your insurer as soon as possible to discuss what options may be available.
Any views or opinions expressed above are for guidance only and are expressed in generic terms. They are not intended as a substitute for readers taking appropriate professional advice relevant to individual circumstances. We would always encourage readers to seek professional advice.