See our blog dated 8th April, 2016

We have been asked to point out the rate quoted by Letton Percival was, in fact, 1.30% plus IPT at 9.50% with a £ 250.00 EXCESS and not 1.35% plus IPT at 9.50%.

Therefore, on a shipment to Australia valued at £ 10,000 the total premium payable would be £ 142.35 though any claim up to the value of the first £ 250 would not be met by their Insurers.