Useful Documents
Working With Us
The Reich Group of Companies comprises Reich Insurance Brokers, Reich Insurance Ltd and Reich Healthcare Ltd.
For more information about Reich Healthcare Ltd please visit www.reichhealthcare.co.uk.
Reich Insurance Brokers and Reich Insurance Brokers Ltd are independent insurance brokers and both are authorised and regulated by the Financial Services Authority (FSA) under the following register numbers:-
Reich Insurance Brokers – 304335
Reich Insurance Brokers Ltd – 300416
You can check this 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.
The Financial Services Authority (FSA) is the independent body that regulates financial services. We place general insurance business with a range of insurers, underwriters, agents and sometimes other intermediaries.
We are members of the British Insurance Brokers Association (BIBA).
Insurers
We regularly check the financial strength of the insurers with whom we place business by reference to Standard & Poor's published insurer ratings. It should however be noted that the claims-paying ability of even the strongest insurers can be affected by adverse business conditions. We cannot therefore guarantee the solvency of any insurer or underwriter.
Documentation
Our aim is to produce documentation and correspondence in a clear and understandable format. In the event of any uncertainty we would ask you to let us know immediately. Our staff are always happy to clarify the cover provided.
You should check all policy documentation issued by insurers to ensure that the details are correct and the cover provided meets with your requirements. Any errors should be notified to us immediately. We may keep certain documents such as insurance certificates, whilst we are awaiting full payment of premium, fees or administration charges, or if you ask us to do so. In these circumstances we will ensure that you receive full details of your insurance cover and provide you with any documents which are required by law.
Methods of Payment
We are responsible for issuing invoices detailing the premium, taxes and fees (if applicable) for all new policies, renewals and mid term alterations.
You are responsible for paying promptly all invoices to enable us to pay your insurer in respect of your insurances. Please note that we have no obligation to fund any premium, taxes or fees (if applicable) on your behalf and we have no responsibility for any loss you may suffer as a result of insurers cancelling the insurance or taking any other prejudicial steps as a result of late payment where it is substantially attributable to you.
We normally accept payments by cheque. It may however be possible to spread payments through insurers’ instalments schemes or an independent credit facility.
We will provide full information about premium payment options when we provide quotations.
© Reich Insurance. Authorised and Regulated by the Financial Services Authority