Similar in concept to traditional insurance ‘excess’, the Risk-Threshold is the level up to which you agree to bear losses of any incidents. This level is pre-agreed with Up2U and lies between £10,000 and £100,000 per incident, depending on your requirements.
The capping charge is dependant upon the selected Risk-Threshold level and should always be far lower than any comparable insurance premium.
Up2U offer a product supplement using the same concept as the Risk-Threshold, but for the aggregate total of all capped claims under your contract in the period. This ensures you are protected against the build-up of a high number of small claims.
When your fleet becomes self-insured, you receive a secure, online Up2U Account, the perfect addition to your management information system. Accessible whenever you need it, the account allows you to manage all your vehicle costs under one roof, print reports and collate vehicle information.
Using your Up2U Account it’s easy to make changes. You can amend your contract, add or remove vehicles and drivers and request vehicle servicing, guaranteeing to keep you in the driving seat.
Up2U is dedicated to making self-insurance easy and straightforward. With experienced staff, forms that are short and quick to complete either over the phone, by post or on the internet and a commitment to excellent customer service, Up2U is with you every step of the way. Whether you use a broker or come direct to Up2U, it really is self-insurance you don’t have to do yourself!
Don’t wait. Take control. Start saving today.
|