Group Number Meaning Insurance
The group id isn t the same as your policy number everyone in your organization who participates in the insurance plan shares the same group id number.
Group number meaning insurance. 10255225 is a subsidiary of admiral group plc and is authorised and regulated by the financial conduct authority firm reference number. Admiral financial services limited reg no. Every make and model of car on uk roads today will have been assigned to a group based on certain criteria from the engine size to the cost of replacement parts and these are numbered from 1 to 50.
Group life insurance generally comes with only basic coverage which means it may not fulfill the needs of policyholders. If a sponsor offers multiple plan. The cost of insuring your car will be influenced by a number of factors one of which is the insurance group that your vehicle falls into.
Cf10 2eh reg no. They look at your gr. Group health insurance plans are purchased by companies and organizations and then offered to its members or employees.
Enter your registration to find out where your car sits. If you want a good illustration of what that can mean consider the bmw 1 series line up which starts at insurance group 21 for the basic 1 5 litre petrol five door but shoots all the way up to. Group insurance is an insurance that covers a group of people for example the members of a society or professional association or the employees of a particular employer for the purpose of taking insurance.
Plans can only be purchased by groups which means individuals cannot. If you purchased the insurance policy through your employer you belong to a group insurance plan. Every car in the uk is allocated an insurance group to help insurers work out the cost of cover running from 1 cheapest premiums to 50 highest.
Find out which insurance group your car is in. You ll also see a group id number on your insurance card 1. Typical amounts are 20 000 50 000 or one or two times the insured s.
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