Direct motor insurers back 'bonus accelerator' clarity

Direct motor insurers have hit back at claims by some brokers that so-called 'bonus accelerator' polices are misleading.

Bonus accelerator policies are short term policies, usually between nine and 11 months. Under these the insurer informs the potential policyholder, that after the specified period, they will have gained a year's no claims bonus (NCB) - in effect accelerating the time it takes to gain a full NCB. They are widely offered by direct insurers and provide the same benefits as a

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