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In the budget of 8th July 2015 the Chancellor announced the standard rate of Insurance Premium Tax ( IPT ) would increase from 6% to 9.5% effective from 1st November 2015 . We must bring to your attention that we will be applying the new rate of IPT (9.5%) to all premium collections from that date for all new and existing policies.
Protection.uk.net provides a range of products to help overcome the uncertainty an unforeseen event can cause and help you meet finanical obligations and recover your losses.
GAP insurance is designed to protect you against financial loss (vehicle depreciation) in conjunction with your comprehensive motor insurance (road risks) policy if your vehicle is written off.
Our Payment Protection Cover options are either Accident and Sickness (AS), Accident, Sickness and Unemployment (ASU) protection or Unemployment only (U) protection. All have the option of waiting periods: back to day one; 30 day waiting; 60 day waiting or 90 day waiting.
Our PPI cover also has the advantage that all monthly benefit payments are made directly to you. Take a look at our payment protection products page for more details.