Client money is money of any currency that we receive and hold in the course of carrying on insurance mediation on behalf of our clients (including you) or which we treat as client money in accordance with the client money rules.
Such money will be held in a Statutory Trust Account.
Client money will only be held as agent on behalf of an insurer or underwriter in accordance with a written agency agreement. You will be notified if this will affect your policy.
We may transfer client money to another person, such as another broker or settlement agent, for the purpose of effecting a transaction on your behalf through that person.
Any interest earned on client money held by us for consumers will be retained by us for our own use, rather than paid to you.
We normally accept payment by cheque, major credit or debit card. You may be able to spread your payments. We will provide full information about your payment options when we discuss your insurance in detail.
This terms of business shall be governed by and construed in accordance with the Laws of England and Wales and the parties submit to the exclusive jurisdiction of the courts of England and Wales:
Oakwood Insurance is an independent Insurance broker based in Bushey Heath Hertfordshire, with connections countrywide. We specialise in Commercial and Personal Lines Insurance | MORE
If you have an emergency and need to claim please download our EMERGENCY NUMBERS PDF and contact the appropriate claims number listed that relates to your policy provider | MORE
We work with/and partner with a number of useful companies that specialise in temporary cover, installing safes, installing security, valuations, risk management and car repairs | MORE