Is your policy pay as you go or pay annually?
Named Young Driver Annual Fees and Charges
What will you pay us for our services?
The table below shows the charges applicable at the time of issuing.
| Type of transaction | Service charge | Notes |
|---|---|---|
Policy Administration Fee (non-refundable) for new and renewal customers | £100.00 |
|
Replacing a faulty tag (telematic device) | £0.00 |
|
Charge if Tag found not faulty (telematic device) | £60.00 |
|
Customer requested new Tag (telematic device) | £60.00 |
|
If the customer damages or tampers with their Tag (telematic device) | £60.00 |
|
Cancellations within the 14 day 'cooling off' period. | £0.00 | If you, Marmalade or our insurer cancel the policy within the 14-day cooling off period: We will refund the unused part of your premium. If there has been a claim where costs have not been recovered there will be no refund as the full annual premium is payable. Policy administration fees are non refundable. |
Cancellations after the 14 day 'cooling off' period. | £15.00 | If you, Marmalade or our underwriter cancel the policy after the cooling off period: We will refund the unused part of your premium and a £15 cancellation fee will apply. If there has been a claim where costs have not been recovered there will be no refund as the full annual premium is payable. Policy administration fees are non refundable. |
If a Mid Term Adjustment made on your policy | £25.00 |
|
Named Young Driver Pay As You Go Fees and Charges
What will you pay us for our services?
The table below shows the charges applicable at the time of issuing.
| Type of transaction | Service charge | Notes |
|---|---|---|
Policy Administration Fee (non-refundable) for new customers | £100.00 |
|
Replacing a faulty tag (telematic device) | £0.00 |
|
Replacing a non-faulty tag (telematic device) | £60.00 |
|
Replacing tag damaged by customer (telematic device) | £60.00 |
|
Cancellation by Marmalade or our underwriters | £60.00 | If Marmalade or the insurer cancel the policy: If Marmalade or our insurers cancel the policy, we will refund the unused part of your initial premium. If further top ups have not been purchased a £60 cancellation fee (to help cover the cost of the tag) will be deducted. |
Cancellations within the 14 day 'cooling off' period. | £60.00 | If you cancel the policy before the cooling off period, we will refund the unused part of the latest premium. If further top ups have not been purchased a £60 cancellation fee (to help cover the cost of the tag) will be deducted. If there has been a claim where costs have not been recovered there will be no refund. Policy administration fees are non refundable. |
Cancellations after the 14 day 'cooling off' period. | £60.00 (before the first top up) | If you cancel the policy after the cooling off period, we will refund the unused part of the latest premium. If further top ups have not been purchased a £60 cancellation fee (to help cover the cost of the tag) will be deducted. If there has been a claim where costs have not been recovered there will be no refund. Policy administration fees are non refundable. |