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Reduce your costs with the VAT increase – through the Encompass Insurance Policy

Posted on June 29, 2012 · Posted in News

Most charities cannot recover VAT. When insuring buildings & equipment 20% has to be included in the sum insured. Unlike most insurance policies, Keegan & Pennykid’s Encompass Policy for charities, voluntary organisations and social enterprises, includes a VAT clause which provides cover for VAT whatever the level at no cost to the charity. This saves over 15% on the premium when VAT is 20%.

It also eliminates potential underinsurance if VAT has not been included in the sum insured.

For further information, advice or a quotation, please contact our charities department on 0131 225 6005 or by email on