The UK Defence Club has announced a minimum 5% general increase for 2023-24 policy year, reports broker Gallagher.
The club has no mandatory deductibles.
In September the Club confirmed that the 2.5% credit for members entering their entire fleet with the Club would apply for 2022-23 policy year, but that no other continuity credits would apply. The Club said that since it had introduced this discount it had allowed about £8m of credits to apply. This whole-fleet 2.55 credit will continue for 2023-24 policy year.
UK Defence Club does no charge release calls.