Ageas Commercial Vehicle, our all-new van insurance product for drivers using trucks and vans of up to 3.5 tonnes GVW for commercial or private use is now available on Acturis, Open GI, TGSL, SSP and Applied, replacing Van Guard and Van Guard Economy.
The new product which is already live on CDL, provides real-time rates that are more aligned to the wider van insurance market than ever before. Along with our new sophisticated pricing approach, we have also introduced several other changes to bring it in line with our current Ageas Private Car product. These include:
- Adding child car seat cover
- Increasing third party liability cover from £2m to £20m for non-pollution events
- Increasing pollution liability cover from £1m to £1.45m for any single event
- Raising the administration charge from £7.50 to £24.00
Cover limits for Ageas Commercial Vehicle are the same as the outgoing Van Guard products. Excesses also remain unchanged, and commission is set to the same as currently received for Van Guard policies.
Van Guard and Van Guard Economy new business and renewals
We'll soon be closing access to Ageas Van Guard and Van Guard Economy on Acturis, Open GI, TGSL, SSP and Applied. Please use Ageas Commercial Vehicle for drivers using trucks and vans of up to 3.5 tonnes GVW for commercial or private use.
During this time, if a quote returns a more competitive premium for either of our Van Guard products, we’ll happily accept this premium (as long as it’s the same risk) via Ageas Commercial Vehicle. Please use override code “ZVG” to match the cheaper premium and ensure this is recorded and shared with us - email motoradmin@ageas.co.uk.
Please ensure you rebroke any renewing policies onto Ageas Commercial Vehicle. Existing Van Guard and Van Guard Economy policies will not be automatically migrated to the new Ageas Commercial Vehicle product.
Couriers and customers in Northern Ireland, the Channel Islands and Isle of Man
Ageas Commercial Vehicle does not cover courier customers or policies located in Northern Ireland, the Channel Islands and the Isle of Man. We're working on something new for courier customers and will soon be looking to extend our footprint in Northern Ireland, the Channel Islands and the Isle of Man - watch this space.
For more information on the product, visit our Ageas Commercial Vehicle product page or see the Policy Wording, Insurance Product Information Document and Target Market Statement.