Renewing your company plan
If your annual renewal date is coming up, here's a quick reference guide to the renewal process.
- A renewal invite will be sent to you or your adviser approximately six weeks before your renewal date. This will include a summary of the cover included in your plan, the renewal premium for the coming year and a list of the members covered by the plan.
- If you have any queries or wish to make changes to the plan or membership listing please let us, or your adviser know straightaway. If you don't contact us with any changes, we'll renew your scheme on the basis listed. Please note that the renewal premium may be revised if there are changes to the plan or membership list between issuing the renewal invite and the actual renewal date.
- Once your plan has renewed, we'll send you your renewal documents. You will receive:
- Company certificate of insurance
This will include the cover details for the next plan year.
- Membership list
This will list the members covered by the plan including their hospital list, underwriting basis and premium.
- Renewal invoice
This will show the adjustment figure resulting from any deletions or additions to membership during the previous plan year, together with the premium due for the next twelve months.
- Hospital list
If you've selected Core Healthcare for any or all of your members, the available hospitals on each of your chosen hospital lists are detailed here, including their location. To see which employee is covered by which hospital list, please refer to your membership list. Each member's pack will only contain the hospital list that is relevant to them.
- If for any reason you decide not to renew your company plan with us please let us know in writing. Any outstanding premium will then fall due and should be settled immediately.