Yes, we issue an invoice for every transaction we process.
Insurance Premium Tax ( IPT ) is a tax on general insurance premiums. There are 2 rates: a standard rate 9.5% a higher rate 20% – for travel insurance, mechanical/electrical appliances insurance and some vehicle insurance.
The IPT rate increased from 6% to 9.5% in November 2015.
You can make payment for your policy by Debit or Credit Card, online Bank transfer or by a direct debit agreement (subject to status).