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October 2009
RAM Creates NEW Opportunities for Intermediaries and their Clients by Introducing
“Super Simplified Administration”
- Enable your clients to fix the price of their policy for the full rate guarantee period
- Reduce your administration costs
- Only one set of adjustment accounts needed for each rate guarantee period
- No additional costs involved
We are pleased to announce the introduction of Super Simplified Administration (SSA) which allows policyholders to fix costs over the whole rate guarantee period rather than on a yearly basis. This helps clients to have a clearer budgeting strategy by enabling them to better manage cash flow over a longer period of time.
Intermediaries will also benefit from reduced administration costs where the SSA option is selected. After initial accounts have been issued, no further accounts will be required as the Simplified Administration process will take place just once at the end of the rate guarantee period.
At the outset of a Group Risk contract or commencement of a new rate guarantee, the policyholder will have the opportunity to select the no cost SSA option which will remain in force until the end of the rate guarantee period.
For further information about SSA, please call us on 0870 7200 780 or download our Technical Guide from www.ram-ltd.net
"Combining the security of Lloyd’s with the expertise of RAM"
Risk Assurance Management Limited insurances arranged at Lloyd’s
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Group Contracts
