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What are the increased excess(es) for specific business types?

April 26, 2017Business es increased types

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What are the increased excess(es) for specific business types?

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Firms should only enter business types for increased excesses if the firm has undertaken that type of business in the past, currently undertakes it, or may undertake it in the future. If the firm has an increased excess (for example in relation to split capital investment trusts), but has not undertaken, and does not intend to undertake, this line of business, then this excess should not be included in the answer to increased excess(es) for specific business types.