Compliance

lf you are intending to purchase an insurance product you confirm that you did not receive any recommendation or advice from us regarding the suitability of the product for your circumstances; that you have received the documentation below * and had the opportunity to review and question any items that may be unclear to you and that you have made an individual informed buying decision based on your own personal circumstances and the merits of the policy:

  • This document (status disclosure).
  • A policy booklet or similar. detailing policy terms, conditions, exclusions and your cancellation rights.
  • Price information including all applicable taxes and where applicable interest payments.

lf you have not had access to these documents please ask a member of staff who will be happy to assist.

I have read and understand the above information and confirm that I have been provided with a copy of this document together with all relevant policy documentation to enable me to make an individual informed buying decision based on my own personal circumstances and the merits of the policy. This buying decision was my own and I did not receive a personal recommendation or advice from F&I Online Ltd.

 Please keep this page with your insurance policy documents

 

Status Disclosure Document

Motor Products Online Ltd

70 Eastbourne Road, Southport, PR8 4DU

Tel: 01704 552 109

 

Status Disclosure Information

The Financial Conduct Authority (FCA) is the independent regulator of financial services. Use this information to decide if our services are right for you.

Motor Products Online Ltd is an appointed representative of Rest Ashored Limited, which is authorised and regulated by the Financial Conduct Authority (their registration number is FCA No 732530) and which is permitted to advise on and arrange general insurance contracts.

Motor Products Online Ltd only offer Excess Insurance from single insurers.

Details of insurers may be provided on request.

 

We do not charge fees for our insurance related services. We may receive a commission from the product provider.

We hold any insurance money (premiums, refunds or claims money) as the agent of the insurer under a risk transfer agreement.

You WILL NOT receive advice or a recommendation from us for insurance. We may ask some questions to narrow down the selection of products that we will provide details on. You will then need to make your own choice about how to proceed.

We always aim to provide a first class service, however if you have any cause for complaint and enquiry can be raised by either email, in writing or by telephoning Mark O’Brien, (The Managing Director), Motor Products Online Ltd, 70 Eastbourne Road, Southport, PR8 4DU.

Email: admin@wepayanyexcess.com

Tel: 01704 320105

Should you remain dissatisfied you have the right to ask the Financial Ombudsman Service to review your case. You should write to the Financial Ombudsman Service. South Quay Plaza, 183 Marsh Wall, London E14 9SR.

Telephone 0800 023 4567. You may be entitled to compensation should we be unable to meet our liabilities as an insurance intermediary under the Financial Services Compensation Scheme. Your entitlement to compensation will depend upon the type of business and the circumstances of your claim. Insurance advising and arranging is covered for 90% of the claim, without any upper limit or for compulsory classes of insurance, insurance advising and arranging is covered for 100% of the claim, without any upper limit.

Further information about compensation scheme arrangements is available from FSCS.

Details of Rest Ashored limited’s authorisation can be confirmed by contacting the FCA on 0845 606 1234 or by visiting the FCA’s website http://www.fca.org.uk/register.

 

Demands And Needs Statement

 

Excess Insurance

This insurance will suit the Demands and Needs of an individual wishing to insure themselves against unforeseen excess charges following an insured incident. Subject to policy exclusions, terms, conditions and maximum specified claim limits; details of which may be found in your policy booklet. If you do not have one of these please ask for a copy to aid you in making your own informed buying decision.

Important Information

You may already possess alternative insurance(s) for some or all of the features and benefits provided by products purchased; it is your responsibility to investigate this. We will not provide you with advice about the suitability of this product for your individual needs but we will be happy to provide you with factual information to assist you in making an informed buying decision.

Confidentiality and Data Protection

Your information will only be disclosed/provided to third parties for the purposes of providing, arranging, administering and renewing insurance contract(s) and for the purposes of monitoring and/or enforcing compliance with insurance regulatory rules/codes. For full details of where your information will be sent and the purpose of such data transfer, please ask us.