Personal Stop Loss for 2012

4 January, 2012

Further to the article on personal stop loss on page 10 of the December issue of ALM News, the ALM was advised by Charles Taylor Services today "that we have now sold 73 units of cover for 2012 which means that we have exceeded the minimum requirement for the scheme to go ahead. We will be sending letters in the next couple of days to those Names who have applied for cover confirming that the scheme is now up and running."

Charles Taylor Services advises us that its deadline for applications for cover for 2012 has now been extended to 5.00pm on Friday 20th January 2012. Members should discuss with their members agents whether they should purchase cover for 2012, since this will depend upon their individual syndicate portfolio and risk appetite.

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