A standard form which contains a number of questions which you are required to answer for the purpose of enabling the insurer to decide whether or not it is willing to grant cover and, if so, the term [..]

A document which evidences the existence of insurance cover.

Where you act as your own insurer for a specified proportion of the sum insured.

See Subjectivity

An alteration in writing to the terms of your insurance policy.

An amount to be deducted or collected in the event of any claim. If the loss is less than the amount of the excess then you must meet the cost of the claim.

The regulatory body which regulates the general insurance industry of which Topsail Insurance is authorised and approved.

A non-binding statement by an underwriter of the likely level of premium that he would charge to underwrite a risk, subject to the provision of additional information.

This is the government tax applied to insurance policies issued in the United Kingdom, the tax payable on insurance premium varies depending on where the vessel is registered or where the person is do [..]

A person who is insured under a contract of insurance. Where there is one insured this person may also be referred to as the policyholder.