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General => Insurance => Topic started by: daniel-1986 on 08 December 2010, 18:06

Title: HIC renewal question
Post by: daniel-1986 on 08 December 2010, 18:06
i got an email from HIC sayin my insurance will be renewed automatially on new yrs eve but not sure if they will be taking all of this out on the same day

£50 renewal admin fee
£97.71 charge of credit

plus the montly installment of £79.56

to me taking just under £230 at once seems a little excessive
Title: Re: HIC renewal question
Post by: HIC on 08 December 2010, 18:18
Hi Daniel,

All the fee's are included within your monthly payments so you will only be debited the normal monthly payment of £79.56. The instalments will be collected via your direct debit agreement with Premium Credit Limited using the account details last supplied to them. The first of which is due on the renewal date, however, the first instalment may not be taken until up to 7 days after the renewal date.

Cheers

HIC
Title: Re: HIC renewal question
Post by: daniel-1986 on 08 December 2010, 18:28
thanks alot, just the way i read the email as £230 being taken out
Title: Re: HIC renewal question
Post by: HIC on 08 December 2010, 18:30
no problem, let us know if you need any further info  :smiley: