Coronavirus Updates & Contact Details for Brokers

Please note, we will keep this article up to date with the latest news during the Coronavirus crisis.

Updated 21 April 2020

During these unprecedented times we appreciate that you may be inundated with clients enquiries/requests to change the status of their commercial motor policy.  TFP Schemes is committed to working with you to get these changes turned around as quickly as possible; in order to do this, please email your enquiries and only phone if your request is of an urgent nature.

Taxi Vehicle Laid Up Cover (VLU)

With immediate effect we will be offering Vehicle Laid Up (VLU) cover where vehicles are being taken off the road due to a reduction in demand or usage. If you have any clients that wish to enquire about this or other reductions in cover or use please contact us.

To request this, please email: admin@tfpschemes.co.uk

  • Subject must state ‘VLU Request’
  • Email must include cover required, i.e. Fire & Theft (F&T) only or Fire & Theft and Accidental Damage (FTAD)
  • Email must include the policy number and vehicle registration

To help manage your clients expectations whilst we make the change our VLU costs are shown below.

Fire & Theft Only
Single Taxi / Executive £275 + IPT
Taxi Fleet £300 + IPT per vehicle

AD Fire & Theft Only (When Previously Comprehensive)
Single Taxi / Executive £325 + IPT
Taxi Fleet £350 + IPT per vehicle

These premiums are based on 10% broker commission.   Changes will be made on a pro rata basis and are subject to a £15 fee for each overall policy change.

We will aim to get back to you within 48 hours of your request.

Taxi SDP only Cover

We are pleased to confirm that we can now provide SD&P-only cover for £400, with a pro-rata refund available for changes to existing policies.

To request this, please email: admin@tfpschemes.co.uk

  • Subject must be ‘SDP Request’
  • Email must include the policy number and vehicle registration

We will aim to get back to your with your quote and/or revised policy documentation within 24 hours.

We are also able to write SDP on both renewal and new business enquiries.

Taxi Extended Cover for delivery activities

Subject to our prior consent, we will aim to provide cover for any Taxi policy holders wishing to diversify in to delivery activities (fast food, prescriptions, grocery shopping and small parcels) to enable them to continue to trade at no additional cost.

To request this, please email: admin@tfpschemes.co.uk

  • Subject must be ‘Ext Cover Request’
  • Email must include the delivery activity type to be undertaken, i.e. fast food or parcel
  • Email must include the policy number and vehicle registration

We will make the necessary underwriting note on the client policy. There is no premium charge for this change in business use.

Non Taxi Policies

Please email your request to admin@tfpschemes.co.uk clearly stating in the subject the product and policy you are enquiring about.