NU to meet MID targets
Norwich Union has changed its motor insurance policies to meet the new Motor Insurers' Database targ...
Norwich Union has changed its motor insurance policies to meet the new Motor Insurers' Database targets. It has removed the 14 days' intention to renew period and introduced a five-day 'autolapse', which means that motor policies will be lapsed automatically if NU is not made aware of the renewal within five days following the renewal date. Intermediaries should ensure that relevant information is sent to the insurer within five days of the effective date of transaction and that all the
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