Initial Disclosure Document

1. The Financial Services Authority (FSA)

The FSA is the statutory body that regulates financial services. It’s rules require us to give you this document. We suggest you use this information to decide if our services are right for you.

2. What range of products do we offer?

We offer a range of insurance products from a limited range of insurers. Please feel free to ask us for a list of the products together with their respective insurers.

3. What service will we provide you with?

We do not offer advice. Instead, we make available a limited range of insurance products for you to choose from. To assist you in your choice we will provide you with a quotation for the cover you require, together with comprehensive information to allow you to make an informed decision.

If you require further information please telephone: 0870 240 3946, or email: mail@britishinsurance.com. However, we always require written or email instruction to avoid misunderstandings.

4. What will you have to pay us for this service?

No fee is payable.

5. Who are we regulated by?

We are authorised and regulated by the Financial Services Authority under FSA registration number 302674.

Our permitted business is insurance mediation activities in relation to non-investment insurance products.

You can verify this information on the FSA's Register by visiting the FSA’s website www.fsa.gov.uk/register/ or by contacting the FSA on 0845 606 1234.

6. What to do if you have a complaint

We pride ourselves on the quality of our service. In the unlikely event that you wish to register a complaint please contact us:

In writing: British Insurance Limited, P.O.Box 6164, Braintree, CM77 7ZW

By telephone: 0870 240 3946

By email: complaints@britishinsurance.com

If you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service.

7. Financial Services Compensation Scheme (FSCS)

We are covered by the Financial Services Compensation Scheme (FSCS). Accordingly, if we are unable to meet our obligations, you may be entitled to compensation. The first £2,000 of most insurance claims are covered through the FSCS, plus 90% of the balance. Further information is available from the FSCS and they can be contacted by telephone: 0207 892 7300 or by email: enquiries@FSCS.org.uk.

8. Duty of disclosure

Please be aware that the information provided by you forms the basis of a legal contract between you and your insurer and that you have an ongoing duty to disclose all circumstances which may put your employment or health at risk or lead to a claim. It is therefore essential that all information provided is true, accurate and complete. Any omission, misrepresentation or failure to disclose an important change of circumstance could invalidate your insurance cover and could mean that a claim may not be paid.

9. Data protection

Any information we hold about you will be treated as private and confidential. We will only use and disclose the information in the normal course of arranging your insurance cover. Under the Data Protection Act 1998 you have rights of access to any personal information we hold about you. If you have any queries in respect of confidentiality and data protection please contact us in writing at the following address: British Insurance Limited, PO Box 6164, Braintree, CM77 7ZW.

10. Are there any circumstances where our insurance products may not be suitable for you?

It is essential that you read the policy information carefully to ensure that the insurance cover meets your demands and needs. This is particularly important if any of the circumstances detailed below apply to you because either an exclusion, or policy condition may stop you from being able to claim:

• you are not aged between 18 and 65;

• you do not live and work in the United Kingdom;

• you do not work for more than 16 hours each week and have not done so continuously for the past 6 months;

• you cannot register as unemployed within the United Kingdom;

• you are employed on a fixed-term contract and you have less than 2 years service with your current employer;

• you are employed on a fixed-term contact and your contract has 6 months or less to run;

• you are aware of any proposed redundancies or reorganisation in the business you work for;

• you are aware of any financial or contractual threat to the business you work for;

• your work is casual, temporary or seasonal in nature or unemployment is a regular feature of your particular job;

• you are currently disabled or you have a pre-existing medical condition;

• you are currently unable to work due to an incapacity (including any maternity leave);

• you are an existing borrower and your mortgage or loan is in arrears or is shortly due to end;

• you are using your mortgage or loan for commercial purposes (including buy to let mortgages);

• you are not living in the property named on your proposal;

• you are acting as a guarantor on the mortgage or loan (even if you are named on the agreement);

• you already have unemployment and/or incapacity insurance;

• you do not have or intend to have a mortgage or loan;

• you wish to insure more than 50% of your gross monthly income;

• you wish to obtain immediate unemployment cover;

• you become unemployed or incapacitated and still receive some income.