Commercial standalone renewal information

Following a review of our minimum premium for this product, we found that the current amount was too low when considering the associated administrational costs. Therefore, a change to our minimum premium was necessary in order to ensure the product remains viable for us and an option for you and your clients going forward.

Options for you and your clients

1. Continue with this product at the new premium

If you wish to continue with this product at the invited premium, there is no need to do anything further. The policy will be renewed and an invoice will be sent for the renewal premium.

2. Move your customer onto an E-Trade product

We currently offer our most exciting new products via E-Trade. We have sector specific products for Trades and Professions, Small Businesses and Property Owners all with variable limits of indemnity up to £500,000. Our products are tailored to the needs of these customers and may offer a more competitive premium.

DAS compatible E-Trade platforms

If you wish to move your customer onto an E-Trade product, you can do so via the following platforms:

1) Acturis, where DAS commercial products are available either standalone or as an ‘add on’ to a commercial policy. If you use Acturis this is the most efficient way to add our cover with minimal fuss

2) DAS Connect, our quote and buy portal. DAS Connect is quick and easy to set up and will enable you to quote, buy, adjust and renew our commercial products online.

For more information about DAS E-Trade, please visit our dedicated E-Trade page or email etrade@das.co.uk to get set up.

Important Information

If you decide to move your customer onto an E-Trade product you must advise us that you wish for the old product to lapse. Failure to do so will mean the policy will be automatically renewed and an invoice generated for the premium. Please contact us to inform us of a lapse, quoting the policy number contained in the renewal schedule.

Please be aware that the products offered via E-Trade will vary in coverage and limits from the existing product. Key product differences can be found below.

Commercial standalone vs E-Trade

The key difference between E-Trade products and the current standalone commercial product is that E-Trade products are fixed and include the following covers:

  E-Trade Trades & Professions E-Trade Small Business E-Trade Property Owners
Employment disputes and compensation awards
Legal Defence
Statutory Licence appeal
Contract disputes
Debt recovery
Property protection
Tax protection
Let property – repossession, dilapidations, nuisance and eviction of squatters

The table below provides a comparison of the main differences in key conditions / exclusions. It does not list all the differences between E-Trade products and your existing product. Please see the policy wordings for full terms and conditions.

  Current Commercial Standalone E-Trade Trades & Professions E-Trade Small Business E-Trade Property Owners
Are prospects of success a requirement for Employment? No (except for restrictive covenants) Yes (for all employment sections) Yes (for all employment sections) Yes (for all employment sections)
Are prospect of success a requirement for Civil Legal Defence? No Yes Yes Yes
Minimum amount in dispute for Contract Disputes £250 (incl. VAT) £500 (incl. VAT) £500 (incl. VAT) £500 (incl. VAT)
What is the Contract Disputes excess? None £500 if dispute valued above £5,000 £500 if dispute valued above £5,000 £500 if dispute valued above £5,000
Are Motor Contracts included under Contract Disputes? Yes No No No
Is cover for computer software / hardware systems included under Contract Disputes? Yes No No No
Are Let Property Contract Disputes included? Optional No No Yes
Minimum amount in dispute for Contract Disputes £200 (incl. VAT) £500 (incl. VAT) £500 (incl. VAT) £500 (incl. VAT)
Are Motor Contracts included under Debt Recovery? Yes No No No
Is Let Property Debt Recovery included? Optional No No Yes
Is Nuisance / Trespass Defence cover included under Property Protection? Yes No No No

Find out more Talk to us

Broker E-Trade

Information on our E-Trade products, as well as user guides, resources, and how to register for services.

Learn more
Register for DAS Connect

An intuitive, easy-to-use system that allows you to quote and buy policies and process renewals and MTAs. Store, retrieve and update quotes and receive instant policy documentation.

Learn more
E-Trade Resources

We have products available across SSP, Acturis and DAS Connect e-trade platforms. Find out how they could help your commercial clients.

Learn more

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