He also told us how the freedom of choice/qualifying insurer’s model is being retained but, because of the threat of a master policy, insurers have agreed to a number of improvements. The common proposal form is one of these changes and allowing variable renewal dates from this year is another.
He also advised us that insurance companies must offer terms within ten days of receiving a fully completed form and firms have five days to accept the offer. 60% of forms Colin saw last year were incomplete or had errors and so he could offer some good advice on completing the form. The emphasis must be on accuracy and quality – this is your one and only chance to make a good impression.