Fair Value Assessments
To comply with Financial Conduct Authority regulations every year we carry out a review of each of our products. We assess the delivery of overall fair value for customers, and produce a Fair Value Assessment. Below you will find the latest summarised versions of each of the Fair Value Assessments we’ve carried out, together with our target market statements. The summaries provide a high-level overview of the key metrics and any appropriate actions we’ve felt necessary to put in place in order to improve the product or address any areas where the value to the customer may be adversely impacted.
Note: Whilst we continue to administer our Classic and Panel 1 products, they are no longer available on the market.
The findings of our assessment are grouped by product and can be downloaded as a PDF below:
Charge for credit - FVA
Home Insurance - FVA
Home Insurance Panel 1 - Fair Value Assessment
Fair Value Assessment product review summary 2023
DownloadHome Insurance Panel 2 - Fair Value Assessment
Fair Value Assessment product review summary 2023
DownloadHome Insurance Classic - Fair Value Assessment
Fair Value Assessment product review summary 2023
DownloadIncomeshield - FVA
Landlords Insurance - FVA
Landlords Classic - Fair Value Assessment
Fair Value Assessment product review summary 2023
DownloadLandlords Panel 1 - Fair Value Assessment
Fair Value Assessment product review summary 2024
DownloadLandlords Panel 2 - Fair Value Assessment
Fair Value Assessment product review summary 2024
DownloadMortgage Protector - FVA
Mortgage Protector - Fair Value Assessment
Fair Value Assessment product review summary 2023
DownloadPolicy Admin Fee - FVA
Rent Protection - FVA
Tenants Contents - FVA
Tenants Contents monthly - Fair Value Assessment
Fair Value Assessment product review summary 2024
DownloadTenants Liability - FVA
Tenants Liability - Fair Value Assessment
Fair Value Assessment product review summary 2023
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